F&N 1Q Earnings Dips 14.11% on One-off Items; Revenue Climbs 9.39%
F&N 1Q Earnings Dips 14.11% on One-off Items; Revenue Climbs 9.39%
Fraser & Neave Holdings Bhd (F&N) reported a 14.11% decline in net profit for the first quarter ended December 31, 2023 (1Q24), amounting to RM170.74 million, attributed to one-off non-operating items.
弗雷澤和尼夫控股有限公司（F＆N）報告稱，截至2023年12月31日的第一季度（第一季度）淨利潤下降了14.11％，爲1.7074億令吉，這歸因於一次性非運營項目。
These adjustments include an interim insurance claim, reversal of impairment loss, and relocation costs.
這些調整包括臨時保險索賠、減值損失的逆轉和搬遷費用。
Despite this, quarterly revenue increased by 9.39% to RM1.33 billion, driven by F&B growth in Thailand and Malaysia, along with higher exports.
儘管如此，受泰國和馬來西亞餐飲業增長以及出口增加的推動，季度收入增長了9.39％，達到13.3億令吉。
Operating profit declined by 6.9%, and compared to the previous quarter, net profit rose by 24.12%.
營業利潤下降了6.9％，與上一季度相比，淨利潤增長了24.12％。
F&N did not declare any dividends for the quarter and expects volatility in the F&B industry for Malaysia and Thailand in FY2024.
F&N沒有宣佈本季度的任何分紅，並預計在 FY2024 中，馬來西亞和泰國的餐飲業將出現波動。
F&N's shares closed 0.72% lower at RM27.70 on Wednesday, resulting in a market capitalization of RM10.16 billion.
週三，F&N股價收盤下跌0.72％，至27.70令吉，市值爲101.6億令吉。
譯文內容由第三人軟體翻譯。