From left: Fraser and Neave Holdings Bhd group finance director and chief financial officer Tiong Yean Yau and F&N chief executive officer Lim Yew Hoe during the F&N first half FY2024 financial results briefing.
KUALA LUMPUR: Fraser & Neave Holdings Bhd
(F&N) will use cost management measures to address rising commodity price pressures to ensure any price increases of its products will be a last resort decision.
F&N chief executive officer Lim Yew Hoe said the steep rise in cocoa price was not as damaging as the rise in price of other commodities as most of the group’s products are not chocolate-based.
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