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

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The Star 2w ago

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

Quick Summary:

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.