THE HAGUE: Heineken posted on Monday (Aug 2) strong earnings in the first half of the year as countries lifted Covid restrictions, but the ...
Heineken earnings rebounded in the first half as Covid restrictions eased AFP/Lex van LieshoutTHE HAGUE: Heineken posted on Monday strong earnings in the first half of the year as countries lifted Covid restrictions, but the pandemic continues to affect the Dutch brewer in key markets.
Net profit rose to €1 billion in the first six months of 2021 after the company suffered €297 million in losses during the same period last year.But Heineken said it expects its full-year financial results to remain below pre-pandemic levels. "We are pleased to report a strong set of results for the first half year, whilst the pandemic continues to impact the world and our business," Heineken chief executive Dolf van den Brink said in a statement.COVID-19 continues to have an impact in Asia and Africa, two key regions for the brewer, while rising commodity costs will start affecting Heineken in the second half, he said.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
As COVID-19 cases surge, Thai hospital uses containers to store bodiesBANGKOK: A Thai hospital morgue overwhelmed by COVID-19 deaths has begun storing bodies in refrigerated containers, resorting to a measure it last ...
Read more »
COVID-19 surge hits Asia; Tokyo, Thailand, Malaysia post record infectionsThe surge in Delta variant cases is rattling parts of Asia previously relatively successful in containing COVID-19, such as Vietnam, which will from Monday impose strict curbs on movement in several cities and provinces. The government of New South Wales reported 210 new infections in Sydney and surrounding areas from the Delta variant outbreak. Tokyo's metropolitan government announced a record number of 4,058 infections in the past 24 hours.
Read more »
Europe's COVID-19 vaccine passes reveal some pockets of resistanceVERONA: Shouts of “Liberty!” have echoed through the streets and squares of Italy and France as thousands show their opposition to plans to ...
Read more »
Cambodia to mix vaccines as booster shots to fight COVID-19Cambodia will begin offering a booster shot against Covid-19, switching between the AstraZeneca and Chinese COVID-19 vaccines in an effort to ...
Read more »
YouTube suspends Sky News Australia channel, citing COVID-19 misinformationSYDNEY: YouTube said on Sunday (Aug 1) it had barred Sky News Australia from uploading new content for one week, citing concerns about COVID-19 ...
Read more »
The Big Read in short: Covid-19 fallout spells trouble for students’ mental healthEach week, TODAY's long-running Big Read series delves into the trends and issues that matter. This week, we look at the mental well-being of students in the wake of an alleged murder by a 16-year-old student at River Valley High School. This is a shortened version of the full feature.
Read more »