F&N posts higher net profit of RM121.63mil in 3Q


KUALA LUMPUR: Fraser and Neave Holdings Bhd (F&N) posted a higher net profit of RM121.63 million for the third quarter ended June 30, 2024 (3Q FY2024) against RM99.37 million in 3Q FY2023.

Revenue, however, fell to RM1.30 billion from RM1.33 billion previously, attributed to geopolitical uncertainties affecting exports from Food and Beverages Malaysia (F&B Malaysia), as well as the weakening of the Thai baht.

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F&N , F&B Thailand , Fraser and Neave , Cambodia , Red Sea

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