PETALING JAYA: Fraser & Neave Holdings Bhd
(F&N) is facing a slower earnings recovery as its integrated dairy farm takes longer to break even, while an improvement in Cambodian sales offers only partial relief from weakness in Thailand, according to TA Research.
The research house expects F&N’s adjusted net profit to rise just 4.2% to RM401.3mil in the financial year ending Sept 30, 2027 (FY27), from RM385mil in FY26.
