On 7 February 2025, Fraser and Neave Limited (“F&N”) announced their first quarter business update for FY2025. F&N seems to be off with a strong start for FY2025, with its financial performance being notably better than the previous quarters. Despite the stronger performance, F&N continues to trade at a discount to book value. This provides investors a buffer and a good candidate for potential privatization. On that matter, there have been no new updates since the completion of the proposed share swap between Thai Beverage Public Co Ltd (“ThaiBev”) and TCC Assets Limited (“TCCAL”).
Disclaimer: Not financial advice. All data and information provided on this site is for informational purposes only.
Website: General Announcement::1Q2025 Voluntary Business Updates (Unaudited)
Photo source: https://www.businesstimes.com.sg/companies-markets/fraser-and-neave-h1-profits-down-208-s653-million-higher-costs-bite
Financial Highlights
Revenue
| Metrics |
Current |
Previous |
| Revenue |
+16.3% |
+3.0% |
| Rating |
Favorable |
Favorable |
Revenue for the
first quarter of FY2025 has
increased by
16.3% to
SGD618 million from
SGD531 million for the same period in the
previous financial year....
