Carlsberg Malaysia’s portfolio-wide revenue hit signals continued uncertainty
Carlsberg Malaysia has reported a revenue drop across almost its entire portfolio of drinks, even though the brewery posted record-high profits amid challenging market conditions
The brewery recently announced its FY2025 full-year financial results, reporting an overall -4.9% year-on-year drop in revenue to RM2.3bn (US$) despite a respectable 11.4% year-on-year growth in net profit to RM375.6m (US$).
The drop in revenue was largely due to a decline in Singapore which saw a -10.2% drop in sales year-on-year to RM560.4m (US$) compared to a -3.0% decline in Malaysia sales to RM1.7bn (US$).
Carlsberg Malaysia Managing Director has attributed the lower revenue to unfavourable Chinese New Year (CNY) timing in 2025, as well as subdued consumer sentiment across both markets.
Global beer consumption rises on growth in India, Russia and Thailand – Kirin
Beer consumption increased a marginal 0.5% globally, narrowly avoiding decline thanks to sharp gains in key emerging markets, according to Kirin
This was based on the recently-published Global Beer Consumption Report, which comprises data collected by beer giant Kirin Holdings across 170 global markets.
While many traditionally strong beer markets such as Germany (-2.2%) and Australia (-2.6%) saw beer consumption decline from 2023 to 2024, overall international beer consumption managed to remain in the green due to rising demand in several emerging markets.
Mengniu steps up health and nutrition push at 2026 Winter Olympics
Mengniu will supply dairy products to athletes and fans during the 2026 Winter Olympics, linking the move to its health and nutrition strategy
The Olympic partnership is intended to reinforce Mengniu’s positioning around nutrition, product quality and functional health on a global stage.
Mengniu has been a Worldwide Olympic Partner since 2019, becoming the first dairy company to join the International Olympic Committee’s TOP sponsorship programme.
“Looking ahead, Mengniu will continue to promote the Olympic spirit under the belief that both milk and sports can bring health and happiness to people,” said Mengniu Group CEO Gao Fei.
Dole Specialty Ingredients scales upcycling amid cost pressures
Dole Specialty Ingredients says upcycling fruit side streams into functional ingredients has nutritional and economic promise, but high costs still limit adoption
Dole partnered Singapore’s Economic Development Board (EDB) in 2021 to set up Dole Specialty Ingredients (DSI), a B2B unit focused on commercialising upcycled fruit side streams for food and beverage manufacturers.
DSI Managing Director Wei Tze Ooi said the business is built around three factors shaping manufacturers’ purchasing decisions: green-label credentials, natural positioning, and functional benefits.
Kraft Heinz hits pause as Berkshire Hathaway eyes exit – what now?
\The past five months have been a rollercoaster for The Kraft Heinz Company.
First came September’s announcement that the food giant was to split into two separate entities. Next came the news that Steve Cahillane had been appointed CEO, ready to lead the company into its new phase. Then, its biggest investor Berkshire Hathaway took steps to sell its entire stake in the company.
And now, the company has thrown the industry another curveball – the split’s on hold and the focus is on growth.
All this raises some big questions...
Will Kraft Heinz abandon its plans to split altogether?