Carlsberg earnings soar in second quarter


Managing director Stefano Clini (pic) said the profitability for the quarter was boosted by the continuous improvement in cost control in its operations.

KUALA LUMPUR: Carlsberg Brewery Malaysia Bhd’s net profit jumped more than three times to RM37.14mil in the second quarter ended June 30, 2021 from RM10.64mil a year ago, driven by higher revenue and the absence of bill-of-demand of RM6.4mil paid last year.

In a statement issued yesterday, managing director Stefano Clini said the profitability for the quarter was boosted by the continuous improvement in cost control in its operations.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Carlsberg , Stefano Clini , earnings , cost control ,

   

Next In Business News

Oil falls on prospect of higher-for-longer US rates
Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
Wellness a top priority
InNature diversifies into the F&B industry
Tolerance for a cheaper yuan may be temporary
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
China’s push for greener aluminium hit by erratic rains, power cuts

Others Also Read