Bajet 2023

SHAH ALAM: Carlsberg Brewery Malaysia Bhd managing director Stefano Clini hopes that the retabling of Budget 2023 today would not bring with it additional ...

For the quarter under review, turnover also rose 13% y-o-y to RM612.8mil. “We do not want people to go to illicit or smuggled products, because if they do, then it would not be positive for the government’s income. On the other hand, Carlsberg attributed the slight y-o-y drop in net profit for the final three months of 2022 to various one-off costs during the quarter. He is definitely not wishing that increased excise duties be one of them. This was achieved on the back of a y-o-y revenue growth of 36% to RM2.41bil for 2022 against the RM1.77bil in the year before. While net profit eased 15.8% year-on-year (y-o-y) for the quarter ended Dec 31 to RM60.1mil against RM71.4mil in the same period for 2021, cumulative net profit for the whole of 2022 nonetheless surged 57.7% y-o-y to RM317mil compared to the RM201mil of 2021.