Revenue for 3Q18 ended June inched up 0.4% to $485 million from a year ago, driven by strong dairies sales and favourable translation effects, negated by weaker soft drinks sales.
SINGAPORE (Aug 7): Fraser and Neave, the beverage, dairies and publishing company, reported a 12.4% fall in 3Q18 earnings to $50.3 million from a year ago.
If $1.2 billion one-off recognition of fair value reserves in 3Q17 was included, 3Q18 earnings would have fallen 96%.
