PETALING JAYA: Fraser and Neave Holdings Bhd’s (F&N) net profit was up 2.4% to RM96.16mil in the third quarter ended June 30, 2021 (Q3) from RM93.86mil a year ago driven by higher revenue from both its food and beverage (F&B) companies in Malaysia and Thailand.
In a filing with Bursa Malaysia, the group said its revenue rose 15.4% to RM1.06bil in the quarter compared to RM918.07mil in the corresponding period a year ago due to the low base effect from last year, higher contribution from its F&B companies in Malaysia and Thailand, as well as a maiden contribution from its food business under the brand Sri Nona.