SINGAPORE (Nov 9): Beverage giant Fraser and Neave has reported earnings of $ 122.2 million for FY ended Sept 30 2018. In the prior year, earnings of $1.28 billion was lifted by one-off fair-value gain recognition of its share of a joint venture business, Vinamilk, which amounted to $1.2 billion. For FY18, earnings before exceptional items was $121.7 million, up 26% y-o-y.

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