Invest
8 things I learned from the 2023 Heineken Malaysia AGM
By The Fifth Person  •  June 9, 2023
Heineken Malaysia Berhad, a brewery that specializes in the marketing and sale of beer within Malaysia, was founded in 1964 and became a publicly listed company on Bursa Malaysia the following year. The company boasts an impressive portfolio featuring renowned brands such as Heineken®, Tiger Beer, Guinness, and Anglia. After two years of challenging business conditions due to the pandemic, Heineken Malaysia achieved a record financial year in 2022. Here are eight things I learned from the Heineken Malaysia AGM. 1. Driven by heightened sales volume and the surge in pent-up demand following the reopening of Malaysia’s international borders, Heineken Malaysia witnessed a remarkable 44.2% year-on-year increase in revenue, reaching RM2.9 billion in 2022. This remarkable growth was further facilitated by an improved sales mix, with a notable increase in the sales of premium beer, prominently led by the popularity of Heineken®. Additionally, the company implemented price increases on their...
Read the full article
By The Fifth Person
The Fifth Person believes in spreading a message that financial literacy and sound investment knowledge can help people around the world achieve financial independence and lead better lives for themselves and their loved ones.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance