Carlsberg 1Q net profit surges 38% to RM91.6mil

Carlsberg Brewery Malaysia Bhd managing director Stefano Clini

PETALING JAYA: Carlsberg Brewery Malaysia Bhd delivered a robust performance in the first quarter of its financial year 2022 (1Q22), backed by higher earnings due to stronger Chinese New Year (CNY) sales in both its Malaysia and Singapore operations along with the ease of Covid-19 restrictions.

The brewer reported a net profit of RM91.6mil for the first quarter ended March 31, 2022, a 37.8% surge compared with RM66.5mil in the previous comparative quarter.