KUALA LUMPUR: Rising input prices are expected to chip away at Fraser & Neave Holdings Bhd's (F&N) bottomline even as the lifting of movement restrictions bolsters its sales performance.
KUALA LUMPUR: Stocks in focus on Tuesday include Fraser & Neave Holdings, ES Ceramics Technology, Press Metal Aluminium, Texchem Resources, MY DIY, TWL Holdings, CTOS Digital and Jadi Imaging Holdings, said JF Apex Research.
KUALA LUMPUR: Fraser and Neave Holdings Bhd’s (F&N) indirect 65 per cent-owned subsidiary, Dagang Sejahtera Sdn Bhd (DSSB), is acquiring the entire shares in Ladang Permai Damai Sdn Bhd for RM215.59 million cash.
PETALING JAYA: Fraser & Neave Holdings Bhd’s (F&N) net profit for its first quarter ended Dec 31, 2021 dropped 32% to RM92.95mil from RM136.81mil in the previous corresponding period due to a combination of commodity price pressures, impact from the recent Malaysian floods and foreign exchange translation loss due to a weaker Thai baht.