KLCCP Stapled Group recorded a stronger performance in the third quarter ended 30 September 2018, registering its best performance for the year thus far. Despite the challenges in the market, YTD Revenue rose 2.5% underpinned by the higher contribution from the retail and hotel segments whilst Profit Before Tax (PBT) increased 1.2%.

In the quarter ended 30 September 2018, KLCCP Stapled Group recorded positive revenue growth of 2.6% year-on-year (y-o-y) compared to the corresponding quarter in the preceding year with a marginal PBT increase to RM234.5 million, partially offset by higher operating expenses.

Fraser & Neave Holdings Bhd aims to solidify its commitment to sustainable growth and profitability through continued emphasis on driving innovation and capability building.

As Malaysia’s leading food and beverage manufacturer and distributor, F&NHB is ramping up its product offerings to quench growing consumer demand for healthier products and convenience, in tandem with the shifting trend in today’s lifestyles.

Fraser & Neave Holdings Bhd (F&NHB) posted a higher revenue of RM996.6 million for its fourth quarter ended 30 September, up 2.1 per cent with a significant improvement in the Group’s bottom line compared to same quarter in 2017.

For the Group’s segmental performance, Food & Beverage Malaysia (F&B Malaysia) recorded positive revenue gain for the third consecutive quarter, growing 1.9 per cent to RM545.4 million in its fourth quarter ended 30 September driven by improved local trade execution and higher exports sales, marking a return to stability post-reorganisation.