SHAH ALAM: Carlsberg Brewery Malaysia Bhd managing director Stefano Clini hopes that the retabling of Budget 2023 today would not bring with it additional excise duties for the beer industry, as he believes the outlook for the company remains uncertain.
Carlsberg Brewery Malaysia Bhd (Carlsberg Malaysia) reported a 15.8% net profit drop to RM60.12 million in its fourth quarter ended Dec 31, 2022 (4QFY2022) from RM71.42 million in the same quarter last year, as its operations in Malaysia recorded lower profit, further weighed by its provision for the Cukai Makmur or Prosperity Tax.
KOTA KINABALU: Carlsberg Malaysia is working with Sabah Recycling Association (Ripple) to pilot-test a three-year glass bottle recycling and community empowerment programme named CarlsBot.
Carlsberg Brewery Malaysia Bhd says the group will have to contend with challenges ahead despite announcing a stellar net profit in its recent quarter.
Carlsberg Brewery (M) Bhd tripled its net profit to RM76.4 million for the third quarter of its 2022 financial year (Q3 2022) thanks to the economic recovery and reopening of international borders