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Business 12 Nov 2019 | 7:00 AM Premium

Another record year seen for local brewers

KUALA LUMPUR: Carlsberg Brewery Malaysia Bhd and Heineken Malaysia Bhd are expected to register another record sales performance in 2020, says Affin Hwang Capital Research.

Corporate News 01 Nov 2018 | 12:00 AM Premium

Heineken quarterly earnings up 20% on improved sentiment

PETALING JAYA: Heineken Malaysia Bhd has posted a 20% jump in net profit to RM78.87mil for its third quarter ended Sept 30 compared to RM65.87mil a year ago.

Corporate News 19 Dec 2016 | 12:00 AM Premium

Brewers may gain from excise hike

PETALING JAYA: The 150% excise duty hike on locally produced hard liquor effective Dec 15 could possibly perk up the performance of brewers producing beer and stout as consumers shift to these options since it’s cheaper.

Corporate News 13 Dec 2016 | 2:17 AM Premium

CIMB Research retains overweight on brewers, Heineken top pick

KUALA LUMPUR: CIMB Equities Research is maintaining its Overweight call on the brewer sector due to its defensive nature and inelastic demand for malt liquor market (MLM) products.