During the first quarter of 2025, Carlsberg managed to increase its net profit by 7.5%, reaching 94.52 million ringgit, despite its revenue falling by 8.7% year-on-year. This decrease was due to a lower impact of the Chinese New Year, whose sales were brought forward to December, and a high comparison base due to pre-purchases ahead of a price increase in 2024.

The company reaffirmed its focus on strengthening its premium brands, driving innovation, and advancing its digital transformation, while maintaining strict cost control to address economic uncertainty.

In Malaysia, although revenues fell by 8.6%, operating profit grew slightly (1.4%) thanks to improved efficiency. In Singapore, revenues decreased by 8.8% and operating profit fell by 36.1%. Globally, the group’s operating profit decreased by 3.6%.

Nevertheless, earnings per share increased to 30.91 sen and an interim dividend of 23 sen per share was declared, higher than the previous year.