Fraser & Neave 3Q net profit at RM93.84m


Fraser Neave local fruit drinks

UALA LUMPUR: Fraser & Neave Holdings Bhd's (FNH) net profit fell by 18.3% to RM93.84mil in the third quarter ended June 30,2020 as revenue was impacted by the Covid-19 pandemic and movement control orders (MCO).

In a statement to Bursa Malaysia on Tuesday, it said its net profit was lower compared with RM114.94mil a year ago. Group profit before tax declined by 22.8% to RM120mil. Earnings per share were 25.60 sen compared with 31.30 sen.

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