Fraser & Neave Holdings Bhd for the fourth quarter ended 30 September 2025 (Q4 FY2025), recorded revenue of RM1.23 billion compared to RM1.26 billion in the corresponding quarter last year, amid a challenging global environment marked by geopolitical tensions and market uncertainties. Profit after tax came in at RM114 million compared to the previous year at RM84 million.
Food & Beverage Malaysia (F&B Malaysia) recorded a robust 9.1% revenue growth in Q4 FY2025 compared to the same period last year, driven by well-executed trade and marketing initiatives, solid performance across all channels and higher export sales. Meanwhile, Food & Beverage Indochina (F&B Indochina) experienced a 15.4% (16.8% in THB terms) decline in Q4 revenue, as softer tourism, flooding in northern provinces of Thailand, and export disruptions to Cambodia and
Myanmar weighed on sales.
Group operating profit for Q4 FY2025 rose 45.0% year-on-year to RM173.8 million (Q4 FY2024: RM119.9 million), supported by lower input costs and improvement in operational efficiencies.
The Group ended FY2025 with a revenue of RM5.2 billion, marginally below last year. F&B Malaysia posted higher revenue of RM2.96 billion in FY2025 compared to RM2.95 billion last year, supported by stronger export momentum. Meanwhile, F&B Indochina’s FY2025 revenue eased 2.6% (2.3% in THB terms) year-on-year, reflecting temporary headwinds from softer tourism in Thailand, and border closures amid regional tensions.
Group operating profit and profit before tax for FY2025 increased by 5.1% and 4.8% respectively year-on-year, supported by lower input costs and enhanced operational efficiencies across markets.
Stronger contributions from existing business units also helped cushion the impact of the dairy farm’s start-up costs, underscoring the Group’s resilience and strength across its core operations.
This performance was bolstered by F&B Indochina, which saw its operating profit for FY2025 rise to
RM474.6 million (FY2024: RM449.9 million) while F&B Malaysia delivered operating profit of
RM280.3 million (FY2024: RM305.4 million).
Despite higher profit before tax, Group profit after tax for FY2025 declined by 6.3% year-on-year to RM508 million from RM542 million in FY24. This was primarily due to higher income tax expense following the full utilisation of promotional privileges for a subsidiary in Thailand in the previous financial year.
Commenting on F&NHB’s full year performance, Lim Yew Hoe, Chief Executive Officer of F&NHB
said, “F&NHB’s performance across FY2025 underlines the importance of our strategy to capture
value across all business activities. It also reflects the Group’s resilience and agility in maintaining
stability amid a challenging environment for our core businesses, while advancing the development
of our integrated dairy farm to drive future growth.”
