It saw revenue growth of 22.9% to RM653.85 million year-on-year from RM532 million. theSun theSundaily carlsberg business news Growth economy
: Carlsberg Brewery Malaysia Bhd today reported a net profit of RM91.59 million for the first quarter ended March 31, 2022 , a 37.8% increase from RM66.46 million a year ago mainly driven by stronger Chinese New Year sales in both its Malaysia and Singapore operations as the Covid-19 lockdown and dine-in restrictions were gradually lifted.Revenues of its Malaysia and Singapore operations grew 27.4% and 13.
On the back of this performance, the board of directors announced a first interim dividend of 22 sen per share. Going forward, the board continues its commitment to declare dividends taking into consideration the performance of the group, the business environment and other circumstances. He said its mainstream brands Carlsberg Danish Pilsner and Carlsberg Smooth Draught returned to growth with increased marketing investments and consumer promotions after the conclusion of the nationwide CNY campaign. Its premium brands continue gaining growth momentum with new variant launches.
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