Heineken quarterly earnings up 20% on improved sentiment


PETALING JAYA: Heineken Malaysia Bhd has posted a 20% jump in net profit to RM78.87mil for its third quarter ended Sept 30 compared to RM65.87mil a year ago.

In a filing with Bursa Malaysia yesterday, the brewer attributed the stellar profits to a higher sales volume prior to the implementation of the sales and service tax (SST).

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Business , Heineken , profits

   

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