Delay in vape product launch to affect BAT


PETALING JAYA: The Control of Smoking Products for Public Health Bill 2023 is a key factor to watch out for in British American Tobacco (M) Bhd’s (BAT) earnings growth in the near term.

Hong Leong Investment Bank (HLIB) Research said for the second quarter of 2023 (2Q23), BAT’s core profit after tax (PAT) of RM48.8mil brought the first half of 2023’s sum to RM89.5mil.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Alibaba, Abu Dhabi back AI startup MiniMax’s IPO
Foreign investors dump bonds amid rupee slide
NCT Alliance gets nod for acquisition
Beijing issues early 2026 investment plan�
Nor Zahidi continues as MPC member
Stronger outlook for card payments until 2029
Fini boss forecasts huge increase in nickel demand
Johor data centre water demand to accelerate
Official reserve assets total US$124bil, says BNM
KKR bid to take Yomeishu private is derailed by top shareholder

Others Also Read