F&N to see year-end boost from vaccination rate

KUALA LUMPUR: On the back of strong earnings results in its latest quarter, Fraser & Neave Holdings Bhd (F&N) is displaying resilience during the pandemic and is expected to record stronger earnings moving into the year-end.

According to Kenanga Research, the beverage maker's 9MFY21 results were above expectations at 80% and 78% of its and consensus full-year estimates, considering the prevailing restrictions as compared to the previous corresponding period.