F&N posts lower 1Q profit on forex headwinds, Indochina softness


PETALING JAYA: Fraser & Neave Holdings Bhd (F&N) believes that conditions for its food and beverage arm in Indochina (F&B Indochina) will stabilise moving forward as economic activity normalises and trade channels in Thailand replenish stock levels.

The group, whose F&B Indochina operations include Thailand, Cambodia and Laos, said its new dairy manufacturing facility in Cambodia, which is expected to become operational by end-March 2026, would help restore supply continuity.

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