Listed on Bursa Malaysia, Carlsberg Brewery Malaysia Berhad produces and distributes alcoholic beverages primarily in Malaysia and Singapore. The excise duties on alcohol in these two countries are among the highest in the world. It also owns a number of well-known brands ranging from its flagship Carlsberg, Kronenbourg 1664 Blanc, and Somersby. Recently, Carlsberg Malaysia has aimed to expand its portfolio of premium brands to drive further business growth. Its premium brands – Kronenbourg 1664 Blanc, Somersby, Connor’s Stout Porter, and Asahi Super Dry – achieved a combined volume growth of 13% in 2019. Its craft beer brand, Brookly Brewery, registered a 58% year-on-year growth in 2019. Here are seven things I learned from the 2020 Carlsberg Malaysia AGM: 1. Carlsberg Malaysia recorded a 13.8% year-on-year increase in its revenue to RM2.3 billion in 2019. Net profit increased by 5.0% to RM291.0 million in 2019. The increases were primarily due to growth across its core, premium, and craft beer segments....