Carlsberg to continue reinvesting in brands

TheStar Thu, Apr 25, 2024 12:00am - 1 week View Original


Carlsberg Brewery Malaysia Bhd managing director Stefano Clini.

KUALA LUMPUR: Carlsberg Brewery Malaysia Bhd will be reinvesting in its brands to safeguard the future of the business amid the tough business environment.

Managing director Stefano Clini pointed out that over the last three years, for every ringgit invested in the business, the company has been earning over a ringgit in profit.

He said the group’s return on invested capital (ROIC) for 2020, 2021, 2022 and 2023 were 85%, 117%, 180% and 133%, respectively.

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