Saturday, August 11, 2007

Fraser & Neave 3Q Net Profit Rose 29 Per Cent

Source : Weekend TODAY, August 11, 2007

Fraser & Neave said third-quarter net profit rose 29 per cent on year due to strong contributions from its food and beverage and property businesses.

Profit in the three months ended June 30 was $96.5 million, up from $75.9 million last year.

Revenue was up 41 per cent to $1.3 billion from $916.5 million previously.

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