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F&N's attributable profit rises 18.8% YoY in Q1 2025
Strong performance from its F&B segment drove the increase.
Fraser and Neave Limited's (F&N) attributable profit increased 18.8% year-on-year (YoY) to $52m in the first quarter of the financial year 2025.
The company's profit after tax (PAT) and revenue likewise rose, increasing 14% YoY to $74.2m and 16.3% YoY to $61m, respectively.
F&N attributed its improved PAT and revenue to the strong performance of its Food & Beverage (F&B) segment.
Within the F&B segment, Beverages, which comprise Soft Drinks, led the increase, with a 38% YoY revenue growth.
With higher attributable profit, the company's earnings per share rose to $0.036 from $0.03.
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