Fraser and Neave today reported revenue of $1.46 billion for the first quarter ended 31 December 2009, an increase of 17% from the same period last year.
Profit after taxation grew 58% to $187.7 million from $118.5 million.
F&N says growth was broadâ€based, with the key businesses of Food & Beverage (Soft Drinks, Dairies and Breweries) and Properties registering higher revenue.
Consequently, profit before interest, taxation, revaluation adjustment and exceptional items (PBIT) for this period also expanded strongly by 53% to $267 million.
