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Malaysian Reserve

Carlsberg Malaysia 1Q profit rises 7.5% to RM94.5m, declares 23 sen dividend

CARLSBERG Brewery Malaysia Bhd saw a 7.49% year-on-year increase in net profit to RM94.52 million for the first quarter ended March 31, 2025 (1Q25), driven by the absence of a deferred tax liability linked to its Sri Lankan associate Lion Brewery (Ceylon) PLC. The group declared a first interim dividend of 23 sen per share, payable on July 28. However, quarterly revenue fell 8.67% y-o-y to RM662.81 million due to lower sales volume from an earlier Chinese New Year and a high base from trade purchases in the previous year. Revenue from Singapore dropped 8.8% to RM168.2 million, impacted by softer demand and currency fluctuations. Carlsberg said it remains focused on navigating macroeconomic uncertainties through cost optimisation, brand premiumisation, product innovation, and digital transformation. — TMR