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F&N reports 16.1% higher earnings of $83.4 mil for the 1H21 on higher revenue, gross profit

Felicia Tan
Felicia Tan5/10/2021 06:20 PM GMT+08  • 3 min read
F&N reports 16.1% higher earnings of $83.4 mil for the 1H21 on higher revenue, gross profit
For the 1HFY2021, the group has declared an interim dividend of 1.5 cents, same as the year before.
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Fraser and Neave Limited (F&N) has reported earnings of $83.4 million for the 1HFY2021 ended March, 16.1% higher than earnings of $71.8 million for the 1HFY2020.

Earnings per share (EPS) for the 1HFY2021 increased to 5.7 cents from 4.9 cents last year on a fully diluted basis.

Revenue for the period increased 2.0% y-o-y to $988.6 million attributable to growth in the group’s overall Beverages and Dairies revenue, and offset by a decline in Printing and Publishing revenue.

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