Carlsberg group is taking a cautious view over the outlook for the current year due to the persevering effects of Covid-19 and the possible government regulations and measures that will likely cause on-trade sales and consumer sentiment to remain depressed. (File pic shows people being given a tours of the brewery.)
PETALING JAYA: Amid expectations of a muted recovery this year, Carlsberg Brewery Malaysia Bhd
is confident that its cost-management and cash-preserving measures will keep its balance sheet strong and help ensure a reasonable financial performance in 2021.
This will also be supported by a strong access to borrowing facilities, it said in its FY2020 (FY20) annual report.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!
