Carlsberg posts 19.8% profit growth in 3Q, declares 23 sen dividend

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KUALA LUMPUR: Carlsberg Brewery Malaysia Bhd remains optimistic that stronger local economic growth could boost consumer sentiment, despite ongoing global uncertainties and inflationary pressures.

We believe that our consistent approach will support our sustained growth, thereby creating value for our shareholders,” managing director Stefano Clini said in a statement.

This strong performance was partially offset by a deferred tax liability of RM11.2mil from foreign withholding tax in Lion Brewery (Ceylon) PLC, with RM10.8mil incurred in Q1FY24.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaSingapore

Topics: Asahi Dividend Carlsberg Malaysia Corporate News Sapporo Stefano Clini /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 18:06:00 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 463 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23469204

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