F&N’s attributable profit slips 0.35% YoY in H1

Earnings per share stood at $0.058.

Fraser and Neave (F&N) reported a 0.35% year-on-year (YoY) slip in attributable profit before exceptional items at $84.1m in H1 2025.

Basic earnings per share remained unchanged at $0.058.

Revenue for the period rose 13% YoY to $1.21m from $1.07m in H1 2024, supported by the strong performance in the F&B division, which posted a 15% YoY revenue rise to $1.07m.

The growth in the F&B division was driven by revenue increases across all segments, including a 28% rise in the beverage segment, supported by higher sales volumes from Chinese New Year campaigns, new products, and better pricing.

Revenue from the dairies segment rose by 8%, whilst the publishing & printing (P&P) segment saw a 1% decline.

The board declared an interim dividend of $0.015 per share to be paid on 6 June.