F&N net profit rises 15%


Capex allocation: Recently, Lim(pic) said the group had allocated a capital expenditure of RM30mil for the financial year ending Sept 30, 2019 to accelerate innovation

PETALING JAYA: Fraser & Neave Holdings Bhd (F&N) has registered a 15% increase in net profit to RM122.86mil for the first quarter ended Dec 31 compared to the same quarter in 2017.

According to a Bursa Malaysia filing, the higher net profit during the quarter under review was attributed to higher contributions from the food and beverage (F&B) segments in Malaysia and Thailand.

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Business , Fraser&Neave , F&N , results , profit , revenue , Lim , Capex ,

   

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