F&N to continue strong showing in 2Q24


PETALING JAYA: Fraser & Neave Holdings Bhd’s (F&N) sales performance is expected to remain strong in the second quarter of its current financial year (2Q24), driven by seasonal demand during the Chinese New Year period and resilient growth in tourist arrivals in Thailand.

Citing Thailand’s Tourism and Sports Ministry, TA Research said 2023’s international tourist arrivals reached 28.2 million, marking the highest number of foreign tourists post-Covid.

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