F&N's net profit for 1Q jumps to RM198.79mil on better beverage sales, exports from Malaysia

KUALA LUMPUR: Fraser & Neave Holdings Bhd’s (F&N) net profit jumped to RM198.79 million for the first quarter ended Dec 31, 2022 for the financial year 2023 (1Q FY2023), from RM92.95 million in Q1 FY2022.

In a filing with Bursa Malaysia today, its revenue also improved by 10 per cent to RM1.22 billion from RM1.11 billion previously.