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Carlsberg Malaysia warns impact on revenue, profit after unprecedented shutdown

Carlsberg Malaysia warns impact on revenue, profit after unprecedented shutdown
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Maybank IB maintains buy on Carlsberg amid manufacturing shutdown

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Carlsberg Malaysia net profit slides to RM162m in FY20 | Money

Friday, 19 Feb 2021 12:47 PM MYT BY ASHMAN ADAM Carlsberg Brewery Malaysia Berhad today reported a net profit of RM162.2 million for its financial year ending December 31, 2020. Picture from Carlsberg Brewery Malaysia Berhad Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Feb 19 Carlsberg Brewery Malaysia Berhad today reported a net profit of RM162.2 million on the back of RM1.8 billion in revenue for its financial year ending December 31, 2020. In a statement to the press, the group attributed the lower revenue and profit in part to the seven-work closure of its brewery here as well as reduced demand due to the movement control order in Malaysia and Singapore’s so-called “circuit breaker”.

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