KYO lifts cigarette firm BAT Malaysia sales in Q3 

KUALA LUMPUR: British American Tobacco (Malaysia) Bhd said its sales in the third quarter grew at a faster pace than the industry, boosted by demand for newly introduced cheaper brand KYO.

"Overall, BAT Malaysia recorded a growth in Q3FY2020 outperforming the legal domestic industry with a growth of 14% compared with Q2FY2020 mainly due to Dunhill and the introduction of KYO," it said in a filing with Bursa Malaysia today.

BAT Malaysia's market share stood at 52.5%, a 1 percentage point increase compared with the preceding quarter, driven by KYO and reinforced by Dunhill’s consistent leadership within the premium segment.

Sales jumped to RM627.5mil in the three-month ended Sept 30 from RM584mil a year ago.

Net profit was RM63.7mil, or 22.3 sen a shares, down from RM83.1mil (29.1 sen share) previously.

BAT Malaysia has declared a third interim dividend of 21 sen a share.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 18
Cxense type: free
User access status: 3

BAT Malaysia , cigarette , Dunhill , KYO


Did you find this article insightful?


100% readers found this article insightful

Next In Business News

China banking regulator says property market is biggest 'grey rhino'
PBOC says China must prevent fiscal deficit monetisation
LBS Group reports stronger sequential performance in 3Q
Ringgit ends easier against US dollar at 4.0730
Super normal profit for Comfort Gloves as 3Q earnings surge over 1,000%
Eversendai posts 3Q net loss of RM35.8m
Mah Sing Group on track to achieve RM1.1b target
Trump to add China's SMIC and CNOOC to defence blacklist
KLCI slumps over 40 points in regional sell-off
Hong Kong stocks drop, but post best month in nearly 2 years

Stories You'll Enjoy