Carlsberg posts 4.3% higher nine-month net profit

Managing director Stefano Clini in a statement said: “Given the unprecedented disruptions and challenges we faced in both Malaysia and Singapore, we are satisfied with the group’s overall financial health and our people’s well-being amid operating and living with the pandemic for the last 18 months and counting."

SHAH ALAM: Carlsberg Brewery Malaysia Bhd posted a 4.3% year-on-year (y-o-y) increase in net profit to RM129.6mil despite revenue declining by 6.2% to RM1.23bil for the nine-month financial period ended Sept 30, 2021.

This result was mainly driven by stronger performance in the Singapore operations, successful premium innovations as well as stringent cost measures across the group.