F&N net profit falls in 4Q, to continue agriculture focus


The group said that despite the challenges, it is confident in its financial strength, solid cash flow position and strategic plans moving forward.

PETALING JAYA: Fraser & Neave Holdings Bhd (F&N) will continue to focus on its current business as well as its growth efforts in agriculture through F&N AgriValley.

In a statement, the food and beverage company said the construction of its integrated dairy farm in Gemas has been progressing nicely despite the unexpected setback in the arrival of livestock.

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

Next In Business News

ACE Market-bound GHS posts 1Q net profit of RM1.5mil
AAX redesignates Benyamin Ismail as GM, appoints Bo Lingam as group CEO
Favelle Favco secures RM76.3mil crane orders
IJM confirms MACC, IRB presence at office
CAB Cakaran buys industrial building in Pahang for RM2.8mil
Ringgit firms against greenback on economic resilience
PJBumi forms JV with Chinese firm for oilfield equipment production
Malaysia-born billionaire investor Cheah Cheng Hye puts quarter of wealth in gold
Rianlon’s RM1.27bil project boosts Johor’s high-value manufacturing push
Opensys wins RM22mil cash recycling machines supply contract

Others Also Read