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Broker's Calls
Vinamilk to drive over 40% of F&N's FY18 earnings: Phillip Capital
SINGAPORE (Nov 13): Phillip Capital has upgraded its call on Fraser and Neave (F&N) from “neutral” to “accumulate” with a higher target price of $2.83 from $2.52 previously.
November 13, 2017
Results
F&N’s FY16 earnings decline 83% to $10.8 mil on absence of gain on disposal
SINGAPORE (Nov 7): Fraser and Neave reported earnings of $108.1 million for FY16, a 82.9% decrease from the earnings of $632.6 million in FY15 which was boosted by the one-off $541.5 million gain from the sale of its 55% stake in Myanmar Brewery.
November 07, 2016