Beer companies may have to adopt a different approach to target further growth in the Malaysian market amid the extremely difficult operating environment surrounding the industry currently.
Guinness Anchor Bhd’s (GAB) net profit climbed 28.9% year-on-year for the first full quarter since Heineken NV became its indirect majority shareholder in October last year.
If a combination of Anheuser Busch InBev and SABMiller could prompt the mega-brewer to focus on its bigger brands and see a massive worldwide distribution, then it should also be the case for Malaysian-listed Guinness Anchor Bhd (GAB), whose major … Continue reading
Brewery Guinness Anchor Bhd (GAB) said it will be cautious not to hike prices of its products further in the near term on pressures of a higher inflation rate in the second half of 2016.
CIMB Equities Research is retaining its Overweight stance on the brewers as the recent increase in excise duty will not negatively impact the earnings of GAB and Carlsberg significantly.
Are you ready for the craft beer revolution? Craft beer may not be making the sort of waves in Malaysia that it is in the United States, but there IS a growing market and demand for craft beers here. Where … Continue reading
Someone once told me that you cannot go wrong investing in a company making alcoholic beverages: When times are good, people celebrate and drink. When times are normal, people socialize and drink. When times are bad, people weep and drink. … Continue reading
Guinness Anchor Bhd (GAB) boosted its second-quarter (Q2) net profit to RM90.84mil, up 19.3% from a year earlier, mainly by improving its cost-efficiency. The brewer told Bursa Malaysia that during the three months to Dec 31, 2015, it phased certain … Continue reading
Diageo is planning to open a manufacturing plant in Bali in a few months to produce its alcohol-free drink Guinness Zero. This is in line with the company’s new strategy in Indonesia, the world’s biggest Muslim-majority country, where drinking alcohol … Continue reading
British alcoholic beverage company Diageo has introduced a nonalcoholic version of its famous Guinness beer in Indonesia called Guinness Zero. The new beverage was launched exclusively for the Muslim-majority country after the government banned the sale of beer in convenience … Continue reading