Fraser & Neave

Results

Fraser & Neave's 1HFY2024 earnings jump despite flattish revenue thanks to lower costs

Despite the better bottom line, the company plans to maintain its interim dividend at 1.5 cents.

M&A

F&N completes Cocoaland acquisition, eyes diversification of business

F&N shares closed at $1.25 on Nov 25, up 0.81%
F&N's revenue up for 9MFY2022 but earnings down from higher costs - THE EDGE SINGAPORE

Results

F&N's revenue up for 9MFY2022 but earnings down from higher costs

F&N closed at $1.30 on Aug 5, down 0.76%.

Would lowball UE takeover offer have galled Singapore’s pineapple king?

(Sept 13): If he were alive today, the rubber and pineapple king of 1930s Singapore would surely be asking whether the custodians of his empire just sold another chunk of it too cheaply.

Broker's Calls

F&N raised its stake in Vinamilk, what does that mean for investors?

SINGAPORE (Feb 9): Fraser & Neave announced on Wednesday that it had increased its stake in Vinamilk from 5.4% to 17.5% to date and added that it would continue to acquire more shares when the opportunity arises.

Results

Fraser & Neave posts 12.1% fall in 1Q earnings to $22.4 mil on higher costs and expenses

SINGAPORE (Feb 8): Fraser & Neave has reported earnings of $22.4 million for 1Q17, a 12.1% decrease from the $25.5 million reported in the previous corresponding quarter.

Broker's Calls

ThaiBev rides on kingdom’s recovery

SINGAPORE (Jan 10): Thai Beverage is set to benefit from Thailand’s improved economic growth of between 3.3% and 3.5% for FY17, given the healthy tourism industry, domestic consumption and investment trends.

Investing strategies

Thailand, Singapore firms lead the way as Asean gains ground with investors

SINGAPORE (Jan 6): DBS Group Research says companies in Singapore and Thailand are leading the way among the 10 member states of the Association of Southeast Asian Nations (Asean) in the expansion of their regional footprints.

Broker's Calls

F&N tops up Vinamilk stake to rebuild F&B business

SINGAPORE (Dec 9): Fraser & Neave’s two wholly subsidiaries F&N Dairy Investments and F&N Bev Manufacturing are seeking to each acquire a 2.7% stake in Vinamilk, or 39.2 million shares, from the Vietnamese Government for $700 million. The results are ex

F&N exercises option to buy remaining 30% stake in Yoke Food Industries

SINGAPORE (Nov 23): Fraser & Neave’s wholly owned subsidiary MDSB has exercised a call option to acquire the remaining 30% of the issued share capital of Yoke Food Industries for RM23.4 million ($7.5 million).
×