F&N reported 60% rise in earnings before exceptional items to $60.7 million for 3Q17, from $38 million a year ago.
SINGAPORE (Aug 10): DBS Group Research is keeping its “hold” call on Fraser and Neave (F&N) with an unchanged target price of $2.57.
This comes despite the research house raising its earnings forecast for FY17F to FY19F by between 11% and 18%, following a stellar 3Q.
