In a filing with Bursa Malaysia yesterday, F&N said the group’s pre-tax profit grew 21% to RM108.3mil due to prudent cost controls on overheads and lower advertising and promotions spending, despite higher commodity cost.
PETALING JAYA: Fraser & Neave Holdings Bhd
’s (F&N) net profit for its fourth quarter ended Sept 30, rose 26% to RM85.99mil from RM68.03mil in the previous corresponding period, on the back of robust exports and stabilising domestic sales.
In a filing with Bursa Malaysia yesterday, F&N said the group’s pre-tax profit grew 21% to RM108.3mil due to prudent cost controls on overheads and lower advertising and promotions spending, despite higher commodity cost.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
