Mark Hunter's comment on BAT. All Comments

Mark Hunter
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BAT https://rb.gy/pbh9ub Malaysia's net profit for Q4FY2023 declined by 23.27% to RM47.36 million, attributed to increased operating expenses from launching vapour products. For FY2023, net profit dropped 25.82% to RM194.75 million, with revenue decreasing by 11% to RM2.3 billion. The company's managing director expressed cautious optimism for improved financial performance in FY2024, emphasizing investment in the Vuse vape product. BAT Malaysia supports the Control of Smoking Products for Public Health Bill 2023 but urges evidence-based regulation to combat the tobacco black market.
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