The diversified food and drinks group, Fraser & Neave, posted a net profit for the year to the end of September of S$241.0m ($136.5m), up 11% on last year. However, the company said that earnings from its brewing joint venture, Asia Pacific Breweries (APB), fell by 11% to S$84.9m.
SINGAPORE: Net up 11% at F&N but APB earnings down
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