Established in 1969, Carlsberg Brewery Malaysia Berhad manufactures and sells beer and alcoholic beverages. It has operations in Malaysia and Singapore, as well as stakes in a brewery in Sri Lanka. Its portfolio of brands includes Carlsberg Danish Pilsner and France’s premium wheat beer Kronenbourg 1664 Blanc. Its Somersby ciders are popular among young consumers and ladies. COVID-19 continues to put a dent in the company’s business as the pandemic rages across Malaysia, where more than two-thirds of its revenue is derived from. Pubs and international travel remain restricted in both Malaysia and Singapore. Carlsberg Malaysia has also stopped distributing dividend to shareholders on a quarterly basis in the latest financial year. Here are eight things I learned from the 2021 Carlsberg Malaysia AGM: 1. Revenue and net profit excluding one-off items declined by 20.9% and 38.6% year-on-year to RM1.8 billion and RM173.8 million respectively in 2020. The larger drop in