As a result, earnings was down 18.3% y-o-y to $97.3 million.
Drinks maker Fraser & Neave has reported higher revenue for 9MFY2022 but due to higher costs and unfavourable forex movements, its earnings dropped.
In a business update, the company says that for the period ended June 30, revenue was up 2.4% y-o-y to $1.5 billion. Its profit before interest and tax margin was down from 15% for 9MFY2021 to 12%.
