Carlsberg Malaysia managing director Stefano Clini.
PETALING JAYA: Carlsberg Brewery Malaysia Bhd
remains cautious as it navigates an uncertain macroeconomic landscape amid external headwinds and subdued consumer sentiment.
In a filing with Bursa Malaysia, the company said it anticipated the recent excise duty increase could soften consumer demand in the short term and potentially lead to a rise in consumption of illicit alcohol affecting legitimate industry sales and reduce government tax revenue.
