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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.
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.
PETALING JAYA: Cheers to brewery companies as the government is unlikely to increase the excise duty for alcohol in the upcoming Budget 2020 announcement next month, according to CGS-CIMB Research.
KUALA LUMPUR: Carlsberg Brewery Malaysia Bhd Heineken Malaysia Bhd are expected to register another record sales performance in 2020, says Affin Hwang Capital research.