Carlsberg to bounce back in fourth quarter

Kenanga Research said in a note that the brewer is poised to gain in the longer-term due to the further easing of lockdown measures in both Singapore and Malaysia.

PETALING JAYA: Carlsberg Brewery (M) Bhd is forecast to enjoy a strong finish to the year as its earnings undergo a sharp recovery in the final quarter amid the reopening of the economy.

Kenanga Research said in a note that the brewer is poised to gain in the longer-term due to the further easing of lockdown measures in both Singapore and Malaysia.