Fraser and Neave (F&N)

Fraser & Neave reports FY2023 earnings of $133.3 mil, 3.0% higher y-o-y - THE EDGE SINGAPORE


Fraser & Neave reports FY2023 earnings of $133.3 mil, 3.0% higher y-o-y

The group has proposed a final dividend of 4.0 cents per share, bringing the full-year dividend to 5.5 cents.


F&N posts 9.5% drop in FY2022 earnings to $176.9 mil

Despite revenue recovering and showing growth, F&N's earnings are down for the FY2022 period due to higher costs.


F&N reports higher revenue but costs weigh down earnings, to pay 3.5 cents final dividend

CEO Hui Choon Kit calls 2022 "a confluence of several challenges".
F&N posts 1.0% increase in 9M earnings to $119.1 million - THE EDGE SINGAPORE


F&N posts 1.0% increase in 9M earnings to $119.1 million

F&N posts 1.0% growth in 9M to $119.1 million.

Broker's Calls

CGS-CIMB warns of lower ThaiBev 9M earnings against other positive analyst reviews

CGS-CIMB believes that lower earnings before interest, tax, depreciation and amortisation (Ebitda) recorded by Fraser and Neave (F&N) and Frasers Property in the same period may indicate lower earnings registered by both associate companies.


F&N posts 2.7% decline in 1H earnings to $71.8 mil, declares 1.5 cent dividend

Although F&N says its distribution logistics across the markets it operates in remain largely intact and unaffected by Covid-19 disruptions, the group is bracing for weaker consumer demand in its beverage and dairies operations in 2HFY2020.


F&N posts 4.6% rise in 1Q earnings to $39.7 mil on higher revenue

F&N’s beverages segment, which comprises soft drinks and beer, saw a 9.9% growth in revenue during the quarter to $124.5 million.

Spinoff and listing

ThaiBev's potential spin-off of breweries could increase its valuation as stock nears 12-month high

SINGAPORE (Dec 9): Beer and property do not always mix, but the family business of Thai tycoon Charoen Sirivadhanabhakdi has been busy shuffling its assets in the two industries. Besides the proposed merger of its two Singapore real estate investment trus

Company in the news

F&N marks return to Myanmar's beer market with Emerald Brewery

SINGAPORE (Sept 25): Fraser and Neave (F&N) has marked its return to Myanmar’s beer market with the start of commercial operations at Emerald Brewery Myanmar.