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F&N posts 1QFY2024 earnings of $43.8 million, up 52.9% y-o-y

Khairani Afifi Noordin
Khairani Afifi Noordin • 1 min read
F&N posts 1QFY2024 earnings of $43.8 million, up 52.9% y-o-y
Profit before interest and tax for 1QFY2024 was up 41.9% y-o-y to $80.6 million. Photo: Reuters
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Fraser & Neave (F&N) has reported earnings of $43.8 million for the 1QFY2024 ended Dec 30, up 52.9% y-o-y.

Earnings per share stood at 3 cents, compared to 2 cents in 1QFY2023.

Revenue for the quarter was marginally lower, down 0.2% compared to the corresponding previous quarter at $531.6 million.

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