Heineken posts H1 2024 RM477.35m loss on China write-down

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THE HAGUE, July 29 — Dutch brewer Heineken posted a €95 million (RM477.35 million) loss for the first six months of the...

A large proportion of the savings will be invested into marketing and sales, Heineken said, notably in Brazil, India, Mexico and South Africa.

Heineken’s operating profit, however, fell by 4.3 per cent to €1.5 billion.

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Category: EconomyBusiness

Markets: MalaysiaBrazilChinaHong KongIndiaMexicoNigerNigeriaSouth AfricaVietnam

Topics: China Resources Beer Heineken

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-29 @ 17:44:41 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 304 words

Reading Time: 2 minutes read

Sentences: 20 lines

Sentence Length: 16 words per sentence (average)

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Copyright Owner: © Malay Mail

News ID: 21827487

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