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Heineken Malaysia stays resilient despite economic headwinds


A plastic container with empty bottles of Heineken beers are pictured among beer kegs outside a restaurant in Singapore. - Reuters pic

A plastic container with empty bottles of Heineken beers are pictured among beer kegs outside a restaurant in Singapore. - Reuters pic

KUALA LUMPUR: Heineken Malaysia Bhd (known as Guinness Anchor Bhd prior to April 27) posted a net profit of RM56.92mil for the quarter ended Sept 30, slipping from RM63.1mil reported for the same quarter in 2015.

In a press statement, the brewer said the drop in profit, on the back of 5% lower revenue of RM384.82mil, was due to weaker macroeconomic conditions and softer consumer sentiment.

   

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