Fraser and Neave's Profit Jumps 19% in Fiscal Q1

MT Newswires

02-07

Fraser and Neave's (SGX:F99) profit attributable to shareholders for the fiscal quarter ended Dec. 31, 2024 increased 19% to SG$52.0 million from SG$43.8 million a year earlier, according to a filing with the Singapore Exchange on Friday.

Earnings per share rose to SG$0.036 from SG$0.03 in the comparable period.

Revenue was up 16% year over year to SG$618 million from SG$531.6 million, mainly due to improved performance from the F&B segment.

Shares of the company were up over 2% in recent trading.

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