F&N warns of 'challenging' times despite profit

  • 6 years ago
Food and Beverage Giant Fraser & Neave Holdings ( F&N) warns of challenging times ahead despite the group achieving a 25.4 per cent increase in its second-quarter net profit.

F&N Ceo Somsak Chayapong expects higher costs of doing business following the government's decision to reduce subsidies on essential consumer goods, coupled with a volatile foreign exchange environment.

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