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April 28, 2003

MALAYSIA: Carlsberg Malaysia should post profit increase

Carlsberg Brewery Malaysia expects to turn around two years of negative profit growth by posting a rise in pretax profits this year, the Bernama news agency said today, quoting Carlsberg Chairman Jorgen Bornhoft.

Carlsberg Brewery Malaysia expects to turn around two years of negative profit growth by posting a rise in pretax profits this year, the Bernama news agency said today, quoting Carlsberg Chairman Jorgen Bornhoft.


Despite the impact of the SARS virus, Borhhoft said: “We are looking at every possibility of an uptrend (in pretax profit) this year.”


SARS had not resulted in any significant drop in the consumption of its beer products. But on a week-to-week basis for the past few weeks, the company had seen a slight decline in consumption. The concern would grow, though, idf SARS continued to spread throughout the year.

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