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Fraser and Neave (OTC:FNEVY) Stock, Option Chain

Fraser and Neave

Fraser and Neave Ltd is a Singapore-based company that operates through four segments: dairies, beverages, publishing and printing industries, and others. The dairies segment generates the majority of total revenue by manufacturing, marketing, and selling dairy products. The beverages segment is the next contributor to total revenue through the production and selling of soft drinks and alcoholic beverages. The publishing and printing business operates through a network of offices, printing plants, and distributors. The company mainly operates in Singapore, Malaysia, Thailand.

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FNEVY

Fraser &amp; Neave FQ2 Net Profit Down 21%

FRASER & NEAVE UNSP/ADR by Fraser & Neave Ltd.

Fraser and Neave Ltd

Fraser &amp; Neave Ltd (OTC: <a class="ticker" href="/stock/fnevy#OTC">FNEVY</a>) reported a 21% decline in its fiscal second-quarter net profit.

F&amp;N's quarterly profit dropped to S$103.5 million, versus a restated S$131.2 million, in the year-earlier period. Its revenue fell 6.7% to S$1.23 billion, versus a restated S$1.32 billion.

Revenue from its soft drinks business dropped to S$154.1 million from S$191.6 million, while revenue from its breweries business climbed 19% to S$509.1 million.

It also declared an interim dividend of 6 Singapore cents a share.

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Fraser and Neave

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