Heineken Malaysia sees big improvement in financial performance

“We have performed commendably in the first half of 2022, in line with Malaysia’s easing of Covid-19 restrictions,” Heineken Malaysia managing director Roland Bala said.

PETALING JAYA: Heineken Malaysia Bhd’s EverGreen strategy to deliver superior and balanced growth, as well as long-term sustainable value creation, is translating into improving financial performance.

The company reported an over three-fold increase in its net profit to RM86.1mil in the second quarter ended June 30 (2Q22) compared with RM25.3mil in the previous comparative quarter. Earnings per share (EPS) increased to 28.49 sen from 8.37 sen in 2Q21. The brewer stated growth in profit was mainly driven by revenue growth as well as its focus on driving the EverGreen strategy to deliver sustainable growth.