CEO: F&N to prioritise on improving cost of goods for short-term outlook

Fraser & Neave Holdings Bhd chief executive officer Lim Yew Hoe

KUALA LUMPUR: Fraser & Neave Holdings Bhd will prioritise on improving and managing costs particularly its cost of goods sold (COGS) for its short-term outlook, amid the tough 2022 due to the lingering COVID-19 pandemic and higher commodity prices, chief executive office Lim Yew Hoe said.

Despite this, Lim said it does not distract the beverage, dairy and food manufacturer from its strategic initiatives for a more sustainable future.