KUALA LUMPUR: CARLSBERG BREWERY MALAYSIA BHD [] net profit for the first quarter ended March 31, 2011 rose 29.3% to RM48.94 million from RM37.85 million a year ago, due mainly to higher sales during the Chinese New Year.
Revenue for the quarter rose to RM407.22 million from RM378.46 million. Earnings per share was 16.01 sen while net assets per share was RM2.07.
In a statement Wednesday, May 11, Carlsberg managing director Soren Ravn said the group benefitted from its successful 2011 Chinese New Year festive campaign and that its flagship Carlsberg brand remained the No 1 beer brand in Malaysia.
He said the company continued to focus and grow in the premium beer segment through its subsidiary Luen Heng F & B Sdn Bhd.
The Hoegaarden brand in its portfolio of premium beer brands continued to register exceptional share growth and Kronenbourg 1664 beer brand was also establishing itself in the premium beer category, he said.
Ravn said Carlsberg Malaysia now had seven of the world's leading international beer brands in its Group portfolio.
'Our associate company, Lion Brewery Ceylon PLC has also outperformed and contributed to the group's earnings,' he said.
On its outlook for the year, Ravn said Carlsberg expects to benefit from the recent
Malaysian launch and investment in Carlsberg's new global campaign where the
Carlsberg new packaging and campaign tagline 'That Calls for a Carlsberg' were now fully aligned with Carlsberg in over 140 countries around the world.
'The new Carlsberg big bottle had been extremely well received by our trade customers, consumers and other stakeholders,' he said.
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Revenue for the quarter rose to RM407.22 million from RM378.46 million. Earnings per share was 16.01 sen while net assets per share was RM2.07.
In a statement Wednesday, May 11, Carlsberg managing director Soren Ravn said the group benefitted from its successful 2011 Chinese New Year festive campaign and that its flagship Carlsberg brand remained the No 1 beer brand in Malaysia.
He said the company continued to focus and grow in the premium beer segment through its subsidiary Luen Heng F & B Sdn Bhd.
The Hoegaarden brand in its portfolio of premium beer brands continued to register exceptional share growth and Kronenbourg 1664 beer brand was also establishing itself in the premium beer category, he said.
Ravn said Carlsberg Malaysia now had seven of the world's leading international beer brands in its Group portfolio.
'Our associate company, Lion Brewery Ceylon PLC has also outperformed and contributed to the group's earnings,' he said.
On its outlook for the year, Ravn said Carlsberg expects to benefit from the recent
Malaysian launch and investment in Carlsberg's new global campaign where the
Carlsberg new packaging and campaign tagline 'That Calls for a Carlsberg' were now fully aligned with Carlsberg in over 140 countries around the world.
'The new Carlsberg big bottle had been extremely well received by our trade customers, consumers and other stakeholders,' he said.
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