Established in 1969, Carlsberg Brewery Malaysia Berhad (Carlsberg Malaysia) is a listed subsidiary of Carlsberg A/S, which is incorporated in Copenhagen, Denmark. Carlsberg Malaysia is a brewer that carries various well-known alcoholic beverages ranging from Carlsberg to Somersby Cider.
Carlsberg Malaysia has operations in Malaysia and Singapore, and owns a 25% stake in an associate company, Lion Brewery (Ceylon) PLC, in Sri Lanka. It also exports products to various countries including Thailand, Taiwan, Hong Kong, Laos, Maldives, and Guam.
Carlsberg Malaysia recently saw its share price hit an all-time high of RM27.16 in April 2019 on the back of a record dividend. Can it sustain its level of performance? I went to its annual general meeting to find out more.
Here are 12 things I learned from the 2019 Carlsberg Malaysia AGM:
1. Revenue rose 14.6% year-on-year to RM2.0 billion in 2018. The achievement is due to 12% volume
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