BERNAMA - F&N OPTIMISTIC TO ACHIEVE BETTER GROWTH IN 2H 2023 bernama.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bernama.com Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR: Fraser and Neave Holdings Bhd (F&N) anticipates better growth for the second half of 2023 (2H 2023), underpinned by strong domestic demand in Thailand, an influx of tourists from China, and contribution from Cocoaland Holdings Bhd.
Fraser & Neave Holdings Bhd (F&N) is optimistic of delivering a higher bottom line for the financial year ending Sept 30, 2023 (FY2023) despite higher commodity costs due to the rising interest rate environment.
KUALA LUMPUR: Fraser and Neave Holdings Bhd’s (F&N) net profit rose to RM101.18 million in the second quarter ended March 31, 2023 (2Q FY2023), from RM93.87 million a year earlier, driven by better performance in its food and beverages business units.
KUALA LUMPUR: Fraser & Neave Holdings Bhd’s (F&N) net profit jumped to RM198.79 million for the first quarter ended Dec 31, 2022 for the financial year 2023 (1Q FY2023), from RM92.95 million in Q1 FY2022.