ANNUAL REPORT 2025
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Consolidated statement of profit or loss | |||
| REVENUE 4$’000 | 2,322,821 | 2,162,092 | PDF p. 112 |
| Cost of sales$’000 | (1,595,364) | (1,473,337) | PDF p. 112 |
| GROSS PROFIT$’000 | 727,457 | 688,755 | PDF p. 112 |
| Other expense (net) 5(a)$’000 | (5,396) | (1,535) | PDF p. 112 |
| Distribution$’000 | (176,026) | (161,236) | PDF p. 112 |
| Marketing$’000 | (184,610) | (191,384) | PDF p. 112 |
| Administration$’000 | (144,167) | (139,522) | PDF p. 112 |
| Subtotal$’000 | (504,803) | (492,142) | PDF p. 112 |
| TRADING PROFIT$’000 | 217,258 | 195,078 | PDF p. 112 |
| Share of results of joint ventures$’000 | 8,785 | 5,386 | PDF p. 112 |
| Share of results of associates$’000 | 81,816 | 95,448 | PDF p. 112 |
| Gross income from other investments 7$’000 | 217 | 1,054 | PDF p. 112 |
| PROFIT BEFORE INTEREST AND TAXATION (“PBIT”)$’000 | 308,076 | 296,966 | PDF p. 112 |
| Finance income$’000 | 10,402 | 11,485 | PDF p. 112 |
| Finance costs$’000 | (42,995) | (42,066) | PDF p. 112 |
| Net finance costs 5(b)$’000 | (32,593) | (30,581) | PDF p. 112 |
| PROFIT BEFORE FAIR VALUE ADJUSTMENT, TAXATION AND EXCEPTIONAL ITEMS$’000 | 275,483 | 266,385 | PDF p. 112 |
| Fair value adjustment of investment properties$’000 | (828) | (719) | PDF p. 112 |
| PROFIT BEFORE TAXATION AND EXCEPTIONAL ITEMS 5(c)$’000 | 274,655 | 265,666 | PDF p. 112 |
| Exceptional items 8$’000 | (9,649) | 1,492 | PDF p. 112 |
| PROFIT BEFORE TAXATION$’000 | 265,006 | 267,158 | PDF p. 112 |
| Taxation 9$’000 | (54,587) | (48,071) | PDF p. 112 |
| PROFIT AFTER TAXATION$’000 | 210,419 | 219,087 | PDF p. 112 |
| Before fair value adjustment and exceptional items$’000 | 150,370 | 150,223 | PDF p. 112 |
| Fair value adjustment of investment properties$’000 | (828) | (719) | PDF p. 112 |
| Exceptional items$’000 | (8,259) | 1,401 | PDF p. 112 |
| Subtotal$’000 | 141,283 | 150,905 | PDF p. 112 |
| Non-controlling interests$’000 | 69,136 | 68,182 | PDF p. 112 |
| Subtotal$’000 | 210,419 | 219,087 | PDF p. 112 |
| Basic - before fair value adjustment and exceptional itemscents per share | 10.3 | 10.3 | PDF p. 112 |
| Basic - after fair value adjustment and exceptional itemscents per share | 9.7 | 10.4 | PDF p. 112 |
| Fully diluted - before fair value adjustment and exceptional itemscents per share | 10.3 | 10.3 | PDF p. 112 |
| Fully diluted - after fair value adjustment and exceptional itemscents per share | 9.7 | 10.3 | PDF p. 112 |
Original report: PDF p. 112 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Consolidated statement of comprehensive income | |||
| Profit after taxation$’000 | 210,419 | 219,087 | PDF p. 113 |
| Share of other comprehensive income of associates and joint ventures$’000 | 1,348 | 1,756 | PDF p. 113 |
| Fair value changes on derivative financial instruments$’000 | (12,616) | (12,794) | PDF p. 113 |
| Realisation of reserve on liquidation of subsidiaries$’000 | - | 639 | PDF p. 113 |
| Currency translation differences$’000 | (160,911) | (108,526) | PDF p. 113 |
| Subtotal$’000 | (172,179) | (118,925) | PDF p. 113 |
| Fair value changes on equity investments measured at fair value through other comprehensive income$’000 | (37) | (836) | PDF p. 113 |
| Revaluation of property, plant and equipment$’000 | 15,259 | - | PDF p. 113 |
| Remeasurement of defined benefit obligations$’000 | (1,038) | (58) | PDF p. 113 |
| Subtotal$’000 | 14,184 | (894) | PDF p. 113 |
| Other comprehensive income for the year, net of taxation$’000 | (157,995) | (119,819) | PDF p. 113 |
| Total comprehensive income for the year$’000 | 52,424 | 99,268 | PDF p. 113 |
| Shareholders of the Company$’000 | (11,924) | (2,557) | PDF p. 113 |
| Non-controlling interests$’000 | 64,348 | 101,825 | PDF p. 113 |
| Subtotal$’000 | 52,424 | 99,268 | PDF p. 113 |
Original report: PDF p. 113 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | 2025Company | 2024Company | Source |
|---|---|---|---|---|---|
| Statements of financial position | |||||
| Share capital 12(a)$’000 | 865,722 | 865,722 | 865,722 | 865,722 | PDF p. 114 |
| Treasury shares 12(b)$’000 | (1,382) | (935) | (1,382) | (935) | PDF p. 114 |
| Reserves 12(c)$’000 | 1,907,515 | 2,000,115 | 714,621 | 695,372 | PDF p. 114 |
| Subtotal$’000 | 2,771,855 | 2,864,902 | 1,578,961 | 1,560,159 | PDF p. 114 |
| NON-CONTROLLING INTERESTS$’000 | 548,585 | 515,773 | - | - | PDF p. 114 |
| Subtotal$’000 | 3,320,440 | 3,380,675 | 1,578,961 | 1,560,159 | PDF p. 114 |
| Property, plant and equipment 13$’000 | 1,153,959 | 1,009,257 | 545 | 1,263 | PDF p. 114 |
| Investment properties 14$’000 | 57,411 | 39,914 | - | - | PDF p. 114 |
| Properties held for development 15$’000 | 16,226 | 16,446 | - | - | PDF p. 114 |
| Investments in subsidiaries 16$’000 | - | - | 2,173,343 | 2,172,627 | PDF p. 114 |
| Investments in joint ventures 17$’000 | 133,432 | 168,536 | 38,578 | 38,578 | PDF p. 114 |
| Investments in associates 18$’000 | 2,228,381 | 2,351,078 | - | - | PDF p. 114 |
| Biological assets 19$’000 | 13,850 | - | - | - | PDF p. 114 |
| Intangible assets 20$’000 | 210,588 | 215,751 | 57 | 651 | PDF p. 114 |
| Brands 24$’000 | 52,074 | 52,574 | 212 | 212 | PDF p. 114 |
| Other investments 22$’000 | 2,969 | 3,006 | 94,023 | 116,648 | PDF p. 114 |
| Other receivables 26$’000 | 1,527 | 504 | - | 21 | PDF p. 114 |
| Deferred tax assets 33$’000 | 10,452 | 9,340 | 158 | 158 | PDF p. 114 |
| Subtotal$’000 | 3,880,869 | 3,866,406 | 2,306,916 | 2,330,158 | PDF p. 114 |
| Inventories 25$’000 | 315,616 | 332,304 | - | - | PDF p. 114 |
| Trade receivables 26$’000 | 321,368 | 315,288 | - | - | PDF p. 114 |
| Other receivables 26$’000 | 101,485 | 152,016 | 1,788 | 5,189 | PDF p. 114 |
| Amount due from related parties 26$’000 | 6,865 | 5,796 | 748 | 180 | PDF p. 114 |
| Amount due from subsidiaries 16$’000 | - | - | 68,155 | 41,398 | PDF p. 114 |
| Amount due from joint ventures 17$’000 | 494 | 969 | 54 | 174 | PDF p. 114 |
| Cash and bank deposits 23$’000 | 363,496 | 529,638 | 45,128 | 35,003 | PDF p. 114 |
| Subtotal$’000 | 1,109,324 | 1,336,011 | 115,873 | 81,944 | PDF p. 114 |
| Asset held for sale 28$’000 | 43,856 | - | - | - | PDF p. 114 |
| Subtotal$’000 | 1,153,180 | 1,336,011 | 115,873 | 81,944 | PDF p. 114 |
| Trade payables 29$’000 | 213,658 | 227,236 | - | - | PDF p. 114 |
| Other payables 29$’000 | 259,857 | 280,452 | 14,355 | 17,507 | PDF p. 114 |
| Amount due to related parties 29$’000 | 6,044 | 10,475 | 47 | 335 | PDF p. 114 |
| Amount due to subsidiaries 16$’000 | - | - | 24,501 | 21,335 | PDF p. 114 |
| Lease liabilities 30$’000 | 6,852 | 7,161 | 133 | 1,425 | PDF p. 114 |
| Borrowings 31$’000 | 351,574 | 233,095 | 74,976 | 139,944 | PDF p. 114 |
| Provision for taxation$’000 | 25,114 | 37,684 | 1,858 | 3,172 | PDF p. 114 |
| Subtotal$’000 | 863,099 | 796,103 | 115,870 | 183,718 | PDF p. 114 |
| NET CURRENT ASSETS/(LIABILITIES)$’000 | 290,081 | 539,908 | 3 | (101,774) | PDF p. 114 |
| Other payables 29$’000 | 16,400 | 7,255 | - | 235 | PDF p. 114 |
| Amount due to subsidiaries 16$’000 | - | - | 670,000 | 535,000 | PDF p. 114 |
| Lease liabilities 30$’000 | 30,372 | 27,630 | 9 | 134 | PDF p. 114 |
| Borrowings 31$’000 | 736,889 | 931,994 | 57,949 | 132,856 | PDF p. 114 |
| Provision for employee benefits 32$’000 | 13,735 | 12,493 | - | - | PDF p. 114 |
| Deferred tax liabilities 33$’000 | 53,114 | 46,267 | - | - | PDF p. 114 |
| Subtotal$’000 | 850,510 | 1,025,639 | 727,958 | 668,225 | PDF p. 114 |
| NET ASSETS$’000 | 3,320,440 | 3,380,675 | 1,578,961 | 1,560,159 | PDF p. 114 |
Original report: PDF p. 114 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025GroupShare capital | 2025GroupTreasury shares | 2025GroupCapital reserve | 2025GroupRevenue reserve | 2025GroupExchange reserve | 2025GroupFair value adjustment reserve | 2025GroupHedging reserve | 2025GroupShare-based payment reserve | 2025GroupDividend reserve | 2025GroupTotal | 2025GroupNon-controlling interests | 2025GroupTotal equity | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group statement of changes in equity — FY2025 | |||||||||||||
| Balance at 1 October 2024$’000 | 865,722 | (935) | 25,259 | 2,348,836 | (392,430) | (40,009) | (7,684) | 7,900 | 58,243 | 2,864,902 | 515,773 | 3,380,675 | PDF p. 115 |
| Share of other comprehensive income of associates and joint ventures$’000 | - | - | - | (530) | 1,880 | (2) | - | - | - | 1,348 | - | 1,348 | PDF p. 115 |
| Realisation of reserve on liquidation of subsidiaries$’000 | - | - | (5) | 8 | (3) | - | - | - | - | - | - | - | PDF p. 115 |
| Fair value changes on derivative financial instruments$’000 | - | - | - | - | - | - | (12,616) | - | - | (12,616) | - | (12,616) | PDF p. 115 |
| Fair value changes on equity investments measured at fair value through other comprehensive income$’000 | - | - | - | - | - | (37) | - | - | - | (37) | - | (37) | PDF p. 115 |
| Remeasurement of defined benefit obligations$’000 | - | - | - | (573) | - | - | - | - | - | (573) | (465) | (1,038) | PDF p. 115 |
| Revaluation of property, plant and equipment$’000 | - | - | 15,259 | - | - | - | - | - | - | 15,259 | - | 15,259 | PDF p. 115 |
| Currency translation differences$’000 | - | - | - | - | (156,588) | - | - | - | - | (156,588) | (4,323) | (160,911) | PDF p. 115 |
| Other comprehensive income for the year$’000 | - | - | 15,254 | (1,095) | (154,711) | (39) | (12,616) | - | - | (153,207) | (4,788) | (157,995) | PDF p. 115 |
| Profit for the year$’000 | - | - | - | 141,283 | - | - | - | - | - | 141,283 | 69,136 | 210,419 | PDF p. 115 |
| Total comprehensive income for the year$’000 | - | - | 15,254 | 140,188 | (154,711) | (39) | (12,616) | - | - | (11,924) | 64,348 | 52,424 | PDF p. 115 |
| Employee share-based expense$’000 | - | - | - | - | - | - | - | 3,541 | - | 3,541 | 1,607 | 5,148 | PDF p. 115 |
| Purchase of treasury shares$’000 | - | (2,448) | - | - | - | - | - | - | - | (2,448) | - | (2,448) | PDF p. 115 |
| Treasury shares reissued pursuant to share plans$’000 | - | 2,001 | (299) | - | - | - | - | (1,702) | - | - | - | - | PDF p. 115 |
| Purchase of shares by a subsidiary$’000 | - | - | - | (2,087) | - | - | - | - | - | (2,087) | (1,674) | (3,761) | PDF p. 115 |
| Shares of a subsidiary reissued pursuant to its share plans$’000 | - | - | (416) | 2,739 | - | - | - | (2,323) | - | - | - | - | PDF p. 115 |
| Dividends paid$’000 | - | - | - | (21,876) | - | - | - | - | (58,243) | (80,119) | (31,607) | (111,726) | PDF p. 115 |
| Dividends proposed$’000 | - | - | - | (58,234) | - | - | - | - | 58,234 | - | - | - | PDF p. 115 |
| Total contributions by and distributions to owners$’000 | - | (447) | (715) | (79,458) | - | - | - | (484) | (9) | (81,113) | (31,674) | (112,787) | PDF p. 115 |
| Change of interest in subsidiaries$’000 | - | - | - | (6) | (4) | - | - | - | - | (10) | 138 | 128 | PDF p. 115 |
| Total changes in ownership interests in subsidiaries$’000 | - | - | - | (6) | (4) | - | - | - | - | (10) | 138 | 128 | PDF p. 115 |
| Total transactions with owners$’000 | - | (447) | (715) | (79,464) | (4) | - | - | (484) | (9) | (81,123) | (31,536) | (112,659) | PDF p. 115 |
| Balance at 30 September 2025$’000 | 865,722 | (1,382) | 39,798 | 2,409,560 | (547,145) | (40,048) | (20,300) | 7,416 | 58,234 | 2,771,855 | 548,585 | 3,320,440 | PDF p. 115 |
Original report: PDF p. 115 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024GroupShare capital | 2024GroupTreasury shares | 2024GroupCapital reserve | 2024GroupRevenue reserve | 2024GroupExchange reserve | 2024GroupFair value adjustment reserve | 2024GroupHedging reserve | 2024GroupShare-based payment reserve | 2024GroupDividend reserve | 2024GroupTotal | 2024GroupNon-controlling interests | 2024GroupTotal equity | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group statement of changes in equity — FY2024 | |||||||||||||
| Balance at 1 October 2023$’000 | 863,802 | - | 25,188 | 2,277,854 | (251,273) | (39,172) | 5,110 | 7,600 | 58,212 | 2,947,321 | 455,286 | 3,402,607 | PDF p. 116 |
| Share of other comprehensive income of associates$’000 | - | - | - | 1,449 | 308 | (1) | - | - | - | 1,756 | - | 1,756 | PDF p. 116 |
| Realisation of reserve on liquidation of subsidiaries$’000 | - | - | 98 | (188) | 729 | - | - | - | - | 639 | - | 639 | PDF p. 116 |
| Fair value changes on derivative financial instruments$’000 | - | - | - | - | - | - | (12,794) | - | - | (12,794) | - | (12,794) | PDF p. 116 |
| Fair value changes on equity investments measured at fair value through other comprehensive income$’000 | - | - | - | - | - | (836) | - | - | - | (836) | - | (836) | PDF p. 116 |
| Remeasurement of defined benefit obligations$’000 | - | - | - | (33) | - | - | - | - | - | (33) | (25) | (58) | PDF p. 116 |
| Currency translation differences$’000 | - | - | - | - | (142,194) | - | - | - | - | (142,194) | 33,668 | (108,526) | PDF p. 116 |
| Other comprehensive income for the year$’000 | - | - | 98 | 1,228 | (141,157) | (837) | (12,794) | - | - | (153,462) | 33,643 | (119,819) | PDF p. 116 |
| Profit for the year$’000 | - | - | - | 150,905 | - | - | - | - | - | 150,905 | 68,182 | 219,087 | PDF p. 116 |
| Total comprehensive income for the year$’000 | - | - | 98 | 152,133 | (141,157) | (837) | (12,794) | - | - | (2,557) | 101,825 | 99,268 | PDF p. 116 |
| Employee share-based expense$’000 | - | - | - | - | - | - | - | 4,096 | - | 4,096 | 1,734 | 5,830 | PDF p. 116 |
| Issue of shares in the Company upon vesting of shares awarded$’000 | 1,920 | - | - | - | - | - | - | (1,920) | - | - | - | - | PDF p. 116 |
| Purchase of treasury shares$’000 | - | (935) | - | - | - | - | - | - | - | (935) | - | (935) | PDF p. 116 |
| Purchase of shares by a subsidiary$’000 | - | - | - | (2,898) | - | - | - | - | - | (2,898) | (2,325) | (5,223) | PDF p. 116 |
| Shares of a subsidiary reissued pursuant to its share plans$’000 | - | - | (27) | 1,903 | - | - | - | (1,876) | - | - | - | - | PDF p. 116 |
| Dividends paid$’000 | - | - | - | (21,913) | - | - | - | - | (58,212) | (80,125) | (40,747) | (120,872) | PDF p. 116 |
| Dividends proposed$’000 | - | - | - | (58,243) | - | - | - | - | 58,243 | - | - | - | PDF p. 116 |
| Total contributions by and distributions to owners$’000 | 1,920 | (935) | (27) | (81,151) | - | - | - | 300 | 31 | (79,862) | (41,338) | (121,200) | PDF p. 116 |
| Total transactions with owners$’000 | 1,920 | (935) | (27) | (81,151) | - | - | - | 300 | 31 | (79,862) | (41,338) | (121,200) | PDF p. 116 |
| Balance at 30 September 2024$’000 | 865,722 | (935) | 25,259 | 2,348,836 | (392,430) | (40,009) | (7,684) | 7,900 | 58,243 | 2,864,902 | 515,773 | 3,380,675 | PDF p. 116 |
Original report: PDF p. 116 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025CompanyShare capital | 2025CompanyTreasury shares | 2025CompanyCapital reserve | 2025CompanyRevenue reserve | 2025CompanyFair value adjustment reserve | 2025CompanyShare-based payment reserve | 2025CompanyDividend reserve | 2025CompanyTotal equity | Source |
|---|---|---|---|---|---|---|---|---|---|
| Company statement of changes in equity — FY2025 | |||||||||
| Balance at 1 October 2024$’000 | 865,722 | (935) | (1,091) | 668,528 | (33,213) | 2,905 | 58,243 | 1,560,159 | PDF p. 117 |
| Fair value changes on equity investments measured at fair value through other comprehensive income$’000 | - | - | - | - | (22,625) | - | - | (22,625) | PDF p. 117 |
| Other comprehensive income for the year$’000 | - | - | - | - | (22,625) | - | - | (22,625) | PDF p. 117 |
| Profit for the year$’000 | - | - | - | 122,456 | - | - | - | 122,456 | PDF p. 117 |
| Total comprehensive income for the year$’000 | - | - | - | 122,456 | (22,625) | - | - | 99,831 | PDF p. 117 |
| Employee share-based expense$’000 | - | - | - | - | - | 1,538 | - | 1,538 | PDF p. 117 |
| Purchase of treasury shares$’000 | - | (2,448) | - | - | - | - | - | (2,448) | PDF p. 117 |
| Treasury shares reissued pursuant to share plans$’000 | - | 2,001 | (299) | - | - | (1,702) | - | - | PDF p. 117 |
| Dividends paid$’000 | - | - | - | (21,876) | - | - | (58,243) | (80,119) | PDF p. 117 |
| Dividends proposed$’000 | - | - | - | (58,234) | - | - | 58,234 | - | PDF p. 117 |
| Total transactions with owners$’000 | - | (447) | (299) | (80,110) | - | (164) | (9) | (81,029) | PDF p. 117 |
| Balance at 30 September 2025$’000 | 865,722 | (1,382) | (1,390) | 710,874 | (55,838) | 2,741 | 58,234 | 1,578,961 | PDF p. 117 |
Original report: PDF p. 117 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024CompanyShare capital | 2024CompanyTreasury shares | 2024CompanyCapital reserve | 2024CompanyRevenue reserve | 2024CompanyFair value adjustment reserve | 2024CompanyShare-based payment reserve | 2024CompanyDividend reserve | 2024CompanyTotal equity | Source |
|---|---|---|---|---|---|---|---|---|---|
| Company statement of changes in equity — FY2024 | |||||||||
| Balance at 1 October 2023$’000 | 863,802 | - | (1,091) | 640,404 | (16,453) | 2,889 | 58,212 | 1,547,763 | PDF p. 117 |
| Fair value changes on equity investments measured at fair value through other comprehensive income$’000 | - | - | - | - | (16,760) | - | - | (16,760) | PDF p. 117 |
| Other comprehensive income for the year$’000 | - | - | - | - | (16,760) | - | - | (16,760) | PDF p. 117 |
| Profit for the year$’000 | - | - | - | 108,280 | - | - | - | 108,280 | PDF p. 117 |
| Total comprehensive income for the year$’000 | - | - | - | 108,280 | (16,760) | - | - | 91,520 | PDF p. 117 |
| Employee share-based expense$’000 | - | - | - | - | - | 1,936 | - | 1,936 | PDF p. 117 |
| Issue of shares in the Company upon vesting of shares awarded$’000 | 1,920 | - | - | - | - | (1,920) | - | - | PDF p. 117 |
| Purchase of treasury shares$’000 | - | (935) | - | - | - | - | - | (935) | PDF p. 117 |
| Dividends paid$’000 | - | - | - | (21,913) | - | - | (58,212) | (80,125) | PDF p. 117 |
| Dividends proposed$’000 | - | - | - | (58,243) | - | - | 58,243 | - | PDF p. 117 |
| Total transactions with owners$’000 | 1,920 | (935) | - | (80,156) | - | 16 | 31 | (79,124) | PDF p. 117 |
| Balance at 30 September 2024$’000 | 865,722 | (935) | (1,091) | 668,528 | (33,213) | 2,905 | 58,243 | 1,560,159 | PDF p. 117 |
Original report: PDF p. 117 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Consolidated statement of cash flows | |||
| Profit before taxation and exceptional items$’000 | 274,655 | 265,666 | PDF p. 118 |
| Depreciation of property, plant and equipment$’000 | 79,609 | 75,244 | PDF p. 118 |
| Amortisation of brands and intangible assets$’000 | 8,579 | 11,504 | PDF p. 118 |
| Impairment of property, plant and equipment and intangible assets$’000 | 707 | 480 | PDF p. 118 |
| Reversal of impairment of property, plant and equipment and intangible assets$’000 | (808) | (2,429) | PDF p. 118 |
| Property, plant and equipment and intangible assets written off$’000 | 782 | 1,305 | PDF p. 118 |
| Property development cost written off$’000 | - | 569 | PDF p. 118 |
| Gross income from other investments$’000 | (217) | (1,054) | PDF p. 118 |
| Provision for employee benefits$’000 | 1,407 | 1,175 | PDF p. 118 |
| Write back of provision for employee benefits$’000 | (10) | (560) | PDF p. 118 |
| Gain on disposal of property, plant and equipment$’000 | (593) | (1,095) | PDF p. 118 |
| Gain on derecognition of leases$’000 | (8) | (56) | PDF p. 118 |
| Depopulation of biological assets$’000 | 1,249 | - | PDF p. 118 |
| Changes in fair value of biological assets$’000 | 822 | - | PDF p. 118 |
| Interest income$’000 | (10,402) | (11,485) | PDF p. 118 |
| Interest expenses$’000 | 42,995 | 42,066 | PDF p. 118 |
| Share of results of joint ventures$’000 | (8,785) | (5,386) | PDF p. 118 |
| Share of results of associates$’000 | (81,816) | (95,448) | PDF p. 118 |
| Employee share-based expense$’000 | 5,148 | 5,830 | PDF p. 118 |
| Fair value adjustment of investment properties$’000 | 828 | 719 | PDF p. 118 |
| Fair value adjustment of financial instruments$’000 | (698) | 437 | PDF p. 118 |
| Gain on disposal of financial instruments$’000 | (492) | (48) | PDF p. 118 |
| Operating cash before working capital changes$’000 | 312,952 | 287,434 | PDF p. 118 |
| Changes in inventories$’000 | 16,710 | (8,414) | PDF p. 118 |
| Changes in receivables$’000 | 43,696 | (62,763) | PDF p. 118 |
| Changes in related parties’ and joint ventures and associates’ balances$’000 | (5,025) | 538 | PDF p. 118 |
| Changes in payables$’000 | (42,358) | 51,768 | PDF p. 118 |
| Currency realignment$’000 | 1,150 | 26,041 | PDF p. 118 |
| Cash generated from operations$’000 | 327,125 | 294,604 | PDF p. 118 |
| Interest income received$’000 | 10,863 | 12,416 | PDF p. 118 |
| Interest expenses paid$’000 | (44,062) | (41,750) | PDF p. 118 |
| Income taxes paid$’000 | (61,333) | (47,686) | PDF p. 118 |
| Payment of employee benefits$’000 | (1,364) | (1,185) | PDF p. 118 |
| Net cash from operating activities$’000 | 231,229 | 216,399 | PDF p. 118 |
| Dividends from associates$’000 | 54,249 | 87,217 | PDF p. 118 |
| Gross income from other investments$’000 | 217 | 1,054 | PDF p. 118 |
| Proceeds from disposal of property, plant and equipment$’000 | 1,262 | 5,655 | PDF p. 118 |
| Proceeds from disposal of biological assets$’000 | 23 | - | PDF p. 118 |
| Investment in a joint venture$’000 | (398) | - | PDF p. 118 |
| Purchase of property, plant and equipment$’000 | (223,898) | (106,203) | PDF p. 118 |
| Payment for biological assets$’000 | (15,935) | - | PDF p. 118 |
| Payment for intangible assets$’000 | (6,631) | (7,757) | PDF p. 118 |
| Net cash used in investing activities$’000 | (191,111) | (20,034) | PDF p. 118 |
Original report: PDF p. 118 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Consolidated statement of cash flows | |||
| Proceeds from borrowings$’000 | 164,646 | 344,552 | PDF p. 119 |
| Repayment of borrowings$’000 | (238,958) | (327,367) | PDF p. 119 |
| Payment of lease liabilities$’000 | (9,210) | (9,271) | PDF p. 119 |
| Purchase of shares by a subsidiary$’000 | (3,761) | (5,223) | PDF p. 119 |
| Purchase of treasury shares$’000 | (2,448) | (935) | PDF p. 119 |
| by subsidiaries to non-controlling interests$’000 | (31,607) | (40,747) | PDF p. 119 |
| by the Company to shareholders$’000 | (80,119) | (80,125) | PDF p. 119 |
| Net cash used in financing activities$’000 | (201,457) | (119,116) | PDF p. 119 |
| Net (decrease)/increase in cash and cash equivalents$’000 | (161,339) | 77,249 | PDF p. 119 |
| Cash and cash equivalents at beginning of year$’000 | 529,638 | 431,829 | PDF p. 119 |
| Effects of exchange rate changes on cash and cash equivalents$’000 | (4,803) | 20,560 | PDF p. 119 |
| Cash and cash equivalents at end of year$’000 | 363,496 | 529,638 | PDF p. 119 |
Original report: PDF p. 119 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2021Group | 2022Group | 2023Group | 2024Group | 2025Group | Source |
|---|---|---|---|---|---|---|
| Five-year financial summary | ||||||
| Revenue$ million | 1,879 | 2,003 | 2,099 | 2,162 | 2,323 | PDF p. 13 |
| Profit before taxation - before interest$ million | 262 | 233 | 249 | 297 | 308 | PDF p. 13 |
| Profit before taxation - before fair value adjustment & exceptional items$ million | 239 | 210 | 217 | 266 | 275 | PDF p. 13 |
| Profit before taxation - after fair value adjustment & exceptional items$ million | 230 | 202 | 224 | 267 | 265 | PDF p. 13 |
| Attributable profit - before fair value adjustment & exceptional items$ million | 145 | 129 | 133 | 150 | 150 | PDF p. 13 |
| Attributable profit - after fair value adjustment & exceptional items$ million | 140 | 125 | 133 | 151 | 141 | PDF p. 13 |
| Net asset value$ million | 3,019 | 3,070 | 2,947 | 2,865 | 2,772 | PDF p. 13 |
| Total assets employed$ million | 4,921 | 4,981 | 5,122 | 5,202 | 5,034 | PDF p. 13 |
| Long-term borrowings$ million | 499 | 838 | 794 | 932 | 737 | PDF p. 13 |
| Market capitalisation$ million | 2,120 | 1,817 | 1,557 | 1,981 | 2,156 | PDF p. 13 |
| Return on average shareholders’ equity - profit before fair value adjustment, taxation & exceptional items% | 8.0 | 6.9 | 7.2 | 9.2 | 9.8 | PDF p. 13 |
| Return on average shareholders’ equity - attributable profit before fair value adjustment & exceptional items% | 4.9 | 4.3 | 4.4 | 5.2 | 5.3 | PDF p. 13 |
| Gearing ratio - without non-controlling interests% | 15.1 | 20.0 | 23.8 | 22.2 | 26.2 | PDF p. 13 |
| Gearing ratio - with non-controlling interests% | 13.2 | 17.6 | 20.6 | 18.8 | 21.8 | PDF p. 13 |
| Profit before fair value adjustment, taxation & exceptional items per sharecents | 16.5 | 14.4 | 14.9 | 18.3 | 18.9 | PDF p. 13 |
| Attributable profit per share - before fair value adjustment & exceptional itemscents | 10.0 | 8.9 | 9.2 | 10.3 | 10.3 | PDF p. 13 |
| Attributable profit per share - after fair value adjustment & exceptional itemscents | 9.7 | 8.6 | 9.2 | 10.4 | 9.7 | PDF p. 13 |
| Net asset value per share$ per share | 2.08 | 2.11 | 2.03 | 1.97 | 1.90 | PDF p. 13 |
| Dividend net per sharecents | 5.0 | 5.0 | 5.5 | 5.5 | 5.5 | PDF p. 13 |
| Dividend covertimes | 2.0 | 1.8 | 1.7 | 1.9 | 1.9 | PDF p. 13 |
| Stock exchange price$ | 1.46 | 1.25 | 1.07 | 1.36 | 1.48 | PDF p. 13 |
Original report: PDF p. 13 ↗
Notes: 1 FY2021 - 2024: As previously reported. 2 Attributable profit before fair value adjustment and exceptional items: Profit after taxation and non-controlling interests, but before fair value adjustment and exceptional items. 3 Net asset value: Share capital and reserves. 4 Gearing ratio: Sum of bank borrowings and term loans, less fixed deposits and cash and bank balances, expressed as a percentage of equity. 5 Dividend cover: Attributable profit before fair value adjustment and exceptional items per share, divided by net dividend per share.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2015Group | 2018Group | 2021Group | 2024Group | 2025Group | Source |
|---|---|---|---|---|---|---|
| Revenue | ||||||
| Continuing operations$ million | 2,121 | 1,835 | 1,879 | 2,162 | 2,323 | PDF p. 12 |
| Discontinued operations$ million | 336 | - | - | - | - | PDF p. 12 |
| Total operations$ million | 2,457 | 1,835 | 1,879 | 2,162 | 2,323 | PDF p. 12 |
Original report: PDF p. 12 ↗
Notes: 1 FY2015 : Excludes discontinued operations of Myanmar Brewery Limited. 2 FY2015, FY2018, FY2021 and FY2024: As previously reported. 3 Based on issued shares at close of business on the first trading day after preliminary announcement of results. 4 Upon the disposal of Myanmar Brewery Limited (“MBL”), with its results classified as discontinued operations.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2015Group | 2018Group | 2021Group | 2024Group | 2025Group | Source |
|---|---|---|---|---|---|---|
| Profit Before Interest & Taxation | ||||||
| Continuing operations$ million | 132 | 215 | 262 | 297 | 308 | PDF p. 12 |
| Discontinued operations$ million | 123 | - | - | - | - | PDF p. 12 |
| Total operations$ million | 255 | 215 | 262 | 297 | 308 | PDF p. 12 |
Original report: PDF p. 12 ↗
Notes: 1 FY2015 : Excludes discontinued operations of Myanmar Brewery Limited. 2 FY2015, FY2018, FY2021 and FY2024: As previously reported. 3 Based on issued shares at close of business on the first trading day after preliminary announcement of results. 4 Upon the disposal of Myanmar Brewery Limited (“MBL”), with its results classified as discontinued operations.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2015Group | 2018Group | 2021Group | 2024Group | 2025Group | Source |
|---|---|---|---|---|---|---|
| Attributable Profit Before Fair Value Adjustment & Exceptional Items | ||||||
| Continuing operations$ million | 63 | 123 | 145 | 150 | 150 | PDF p. 12 |
| Discontinued operations$ million | 52 | - | - | - | - | PDF p. 12 |
| Total operations$ million | 115 | 123 | 145 | 150 | 150 | PDF p. 12 |
Original report: PDF p. 12 ↗
Notes: 1 FY2015 : Excludes discontinued operations of Myanmar Brewery Limited. 2 FY2015, FY2018, FY2021 and FY2024: As previously reported. 3 Based on issued shares at close of business on the first trading day after preliminary announcement of results. 4 Upon the disposal of Myanmar Brewery Limited (“MBL”), with its results classified as discontinued operations.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2015Group | 2018Group | 2021Group | 2024Group | 2025Group | Source |
|---|---|---|---|---|---|---|
| Total Assets | ||||||
| Continuing operations$ million | 3,143 | 4,506 | 4,921 | 5,202 | 5,034 | PDF p. 12 |
| Discontinued operations$ million | - | - | - | - | - | PDF p. 12 |
| Total operations$ million | 3,143 | 4,506 | 4,921 | 5,202 | 5,034 | PDF p. 12 |
Original report: PDF p. 12 ↗
Notes: 1 FY2015 : Excludes discontinued operations of Myanmar Brewery Limited. 2 FY2015, FY2018, FY2021 and FY2024: As previously reported. 3 Based on issued shares at close of business on the first trading day after preliminary announcement of results. 4 Upon the disposal of Myanmar Brewery Limited (“MBL”), with its results classified as discontinued operations.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2021Group | 2022Group | 2023Group | 2024Group | 2025Group | Source |
|---|---|---|---|---|---|---|
| Market Capitalisation | ||||||
| Market capitalisation$ million | 2,120 | 1,817 | 1,557 | 1,981 | 2,156 | PDF p. 12 |
Original report: PDF p. 12 ↗
Notes: 1 FY2015 : Excludes discontinued operations of Myanmar Brewery Limited. 2 FY2015, FY2018, FY2021 and FY2024: As previously reported. 3 Based on issued shares at close of business on the first trading day after preliminary announcement of results. 4 Upon the disposal of Myanmar Brewery Limited (“MBL”), with its results classified as discontinued operations.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2021Group | 2022Group | 2023Group | 2024Group | 2025Group | Source |
|---|---|---|---|---|---|---|
| Dividend Distribution | ||||||
| Dividendcents/share | 5.0 | 5.0 | 5.5 | 5.5 | 5.5 | PDF p. 12 |
| Payout ratio% | 50 | 56 | 60 | 53 | 53 | PDF p. 12 |
Original report: PDF p. 12 ↗
Notes: 1 FY2015 : Excludes discontinued operations of Myanmar Brewery Limited. 2 FY2015, FY2018, FY2021 and FY2024: As previously reported. 3 Based on issued shares at close of business on the first trading day after preliminary announcement of results. 4 Upon the disposal of Myanmar Brewery Limited (“MBL”), with its results classified as discontinued operations.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | Source |
|---|---|---|
| Revenue | ||
| 10-year CAGR (FY2015–FY2025)% | +1 | PDF p. 12 |
Original report: PDF p. 12 ↗
Notes: 1 FY2015 : Excludes discontinued operations of Myanmar Brewery Limited. 2 FY2015, FY2018, FY2021 and FY2024: As previously reported. 3 Based on issued shares at close of business on the first trading day after preliminary announcement of results. 4 Upon the disposal of Myanmar Brewery Limited (“MBL”), with its results classified as discontinued operations.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | Source |
|---|---|---|
| Revenue | ||
| Increase from FY2015 (FY2015–FY2025)% | +10 | PDF p. 12 |
Original report: PDF p. 12 ↗
Notes: 1 FY2015 : Excludes discontinued operations of Myanmar Brewery Limited. 2 FY2015, FY2018, FY2021 and FY2024: As previously reported. 3 Based on issued shares at close of business on the first trading day after preliminary announcement of results. 4 Upon the disposal of Myanmar Brewery Limited (“MBL”), with its results classified as discontinued operations.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | Source |
|---|---|---|
| Profit Before Interest & Taxation | ||
| 10-year CAGR (FY2015–FY2025)% | +9 | PDF p. 12 |
Original report: PDF p. 12 ↗
Notes: 1 FY2015 : Excludes discontinued operations of Myanmar Brewery Limited. 2 FY2015, FY2018, FY2021 and FY2024: As previously reported. 3 Based on issued shares at close of business on the first trading day after preliminary announcement of results. 4 Upon the disposal of Myanmar Brewery Limited (“MBL”), with its results classified as discontinued operations.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | Source |
|---|---|---|
| Profit Before Interest & Taxation | ||
| Increase from FY2015 (FY2015–FY2025)% | +134 | PDF p. 12 |
Original report: PDF p. 12 ↗
Notes: 1 FY2015 : Excludes discontinued operations of Myanmar Brewery Limited. 2 FY2015, FY2018, FY2021 and FY2024: As previously reported. 3 Based on issued shares at close of business on the first trading day after preliminary announcement of results. 4 Upon the disposal of Myanmar Brewery Limited (“MBL”), with its results classified as discontinued operations.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | Source |
|---|---|---|
| Attributable Profit Before Fair Value Adjustment & Exceptional Items | ||
| 10-year CAGR (FY2015–FY2025)% | +9 | PDF p. 12 |
Original report: PDF p. 12 ↗
Notes: 1 FY2015 : Excludes discontinued operations of Myanmar Brewery Limited. 2 FY2015, FY2018, FY2021 and FY2024: As previously reported. 3 Based on issued shares at close of business on the first trading day after preliminary announcement of results. 4 Upon the disposal of Myanmar Brewery Limited (“MBL”), with its results classified as discontinued operations.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | Source |
|---|---|---|
| Attributable Profit Before Fair Value Adjustment & Exceptional Items | ||
| Increase from FY2015 (FY2015–FY2025)% | +139 | PDF p. 12 |
Original report: PDF p. 12 ↗
Notes: 1 FY2015 : Excludes discontinued operations of Myanmar Brewery Limited. 2 FY2015, FY2018, FY2021 and FY2024: As previously reported. 3 Based on issued shares at close of business on the first trading day after preliminary announcement of results. 4 Upon the disposal of Myanmar Brewery Limited (“MBL”), with its results classified as discontinued operations.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | Source |
|---|---|---|
| Total Assets | ||
| 10-year CAGR (FY2015–FY2025)% | +5 | PDF p. 12 |
Original report: PDF p. 12 ↗
Notes: 1 FY2015 : Excludes discontinued operations of Myanmar Brewery Limited. 2 FY2015, FY2018, FY2021 and FY2024: As previously reported. 3 Based on issued shares at close of business on the first trading day after preliminary announcement of results. 4 Upon the disposal of Myanmar Brewery Limited (“MBL”), with its results classified as discontinued operations.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | Source |
|---|---|---|
| Total Assets | ||
| Increase from FY2015 (FY2015–FY2025)% | +60 | PDF p. 12 |
Original report: PDF p. 12 ↗
Notes: 1 FY2015 : Excludes discontinued operations of Myanmar Brewery Limited. 2 FY2015, FY2018, FY2021 and FY2024: As previously reported. 3 Based on issued shares at close of business on the first trading day after preliminary announcement of results. 4 Upon the disposal of Myanmar Brewery Limited (“MBL”), with its results classified as discontinued operations.
Where the money comes from
| Item / unit | 2025Beverages | 2025Dairies | 2025Printing & Publishing | 2025Others | 2025Elimination | 2025Per Consolidated Financial Statements | 2024Beverages | 2024Dairies | 2024Printing & Publishing | 2024Others | 2024Elimination | 2024Per Consolidated Financial Statements | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||
| Revenue - external$'000 | 772,106 | 1,276,446 | 196,610 | 77,659 | - | 2,322,821 | 668,331 | 1,207,454 | 201,323 | 84,984 | - | 2,162,092 | PDF p. 141PDF p. 142 |
| Revenue - inter-segment$'000 | 66 | 39 | 1,022 | 3,712 | (4,839) | - | 378 | 133 | 1,923 | 212 | (2,646) | - | PDF p. 141PDF p. 142 |
| Total revenue$'000 | 772,172 | 1,276,485 | 197,632 | 81,371 | (4,839) | 2,322,821 | 668,709 | 1,207,587 | 203,246 | 85,196 | (2,646) | 2,162,092 | PDF p. 141PDF p. 142 |
| Results | |||||||||||||
| Subsidiaries$'000 | 40,084 | 180,234 | (5,680) | 2,837 | - | 217,475 | 37,902 | 151,427 | (1,497) | 8,300 | - | 196,132 | PDF p. 141PDF p. 142 |
| Joint ventures and associates$'000 | - | 81,816 | 212 | 8,573 | - | 90,601 | - | 95,448 | - | 5,386 | - | 100,834 | PDF p. 141PDF p. 142 |
| Profit/(Loss) before interest and taxation$'000 | 40,084 | 262,050 | (5,468) | 11,410 | - | 308,076 | 37,902 | 246,875 | (1,497) | 13,686 | - | 296,966 | PDF p. 141PDF p. 142 |
| Assets | |||||||||||||
| Assets$'000 | 629,256 | 1,140,832 | 250,500 | 277,700 | - | 2,298,288 | 638,057 | 991,705 | 246,678 | 267,385 | - | 2,143,825 | PDF p. 141PDF p. 142 |
| Investments in joint ventures and associates$'000 | - | 2,228,381 | 361 | 133,071 | - | 2,361,813 | - | 2,351,078 | 150 | 168,386 | - | 2,519,614 | PDF p. 141PDF p. 142 |
| Liabilities | |||||||||||||
| Liabilities$'000 | 186,600 | 278,220 | 67,123 | 14,975 | - | 546,918 | 159,117 | 320,068 | 74,948 | 18,569 | - | 572,702 | PDF p. 141PDF p. 142 |
| Other segment information | |||||||||||||
| Capital expenditure$'000 | 20,661 | 204,052 | 13,295 | 5,264 | - | 243,272 | 20,063 | 83,980 | 13,898 | 2,195 | - | 120,136 | PDF p. 141PDF p. 142 |
| Depreciation and amortisation$'000 | 28,142 | 41,437 | 14,128 | 4,481 | - | 88,188 | 30,485 | 35,495 | 16,593 | 4,175 | - | 86,748 | PDF p. 141PDF p. 142 |
| Impairment losses$'000 | 176 | 344 | 4 | 183 | - | 707 | 69 | 406 | 4 | 1 | - | 480 | PDF p. 141PDF p. 142 |
| Reversal of impairment losses$'000 | (62) | (681) | (64) | (1) | - | (808) | (1,389) | (1,039) | - | (1) | - | (2,429) | PDF p. 141PDF p. 142 |
| Attributable profit/(loss) before fair value adjustment and exceptional items$'000 | 10,732 | 136,451 | (5,713) | 8,900 | - | 150,370 | 5,531 | 137,808 | (2,046) | 8,930 | - | 150,223 | PDF p. 141PDF p. 142 |
| Fair value adjustment of investment properties$'000 | - | - | (828) | - | - | (828) | - | - | (719) | - | - | (719) | PDF p. 141PDF p. 142 |
| Exceptional items$'000 | (3,412) | (568) | (4,045) | (234) | - | (8,259) | 3,576 | (338) | (1,322) | (515) | - | 1,401 | PDF p. 141PDF p. 142 |
| Attributable profit/(loss)$'000 | 7,320 | 135,883 | (10,586) | 8,666 | - | 141,283 | 9,107 | 137,470 | (4,087) | 8,415 | - | 150,905 | PDF p. 141PDF p. 142 |
Group's operating segments: beverages, dairies, printing and publishing and others. Year ended 30 September 2025. Rows with a single printed value are reported only in the Consolidated column; other cells are empty strings (not printed).
* Segmental information has been reclassified to conform with current year's presentation.
Rows with a single printed value are reported only in the Consolidated column; other cells are empty strings (not printed).
| Item / unit | 2025Singapore | 2025Malaysia | 2025Thailand | 2025Vietnam | 2025Others | 2025Per Consolidated Financial Statements | 2024Singapore | 2024Malaysia | 2024Thailand | 2024Vietnam | 2024Others | 2024Per Consolidated Financial Statements | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Geographical Information | |||||||||||||
| Total revenue$'000 | 407,457 | 917,083 | 696,850 | - | 301,431 | 2,322,821 | 436,025 | 838,221 | 676,877 | - | 210,969 | 2,162,092 | PDF p. 141PDF p. 142 |
| (Loss)/Profit before interest and taxation$'000 | (4,456) | 84,267 | 149,154 | 81,816 | (2,705) | 308,076 | (4,650) | 72,944 | 132,191 | 95,448 | 1,033 | 296,966 | PDF p. 141PDF p. 142 |
| Non-current assets$'000 | 195,516 | 905,270 | 184,523 | - | 223,295 | 1,508,604 | 197,342 | 744,017 | 194,967 | - | 201,126 | 1,337,452 | PDF p. 141PDF p. 142 |
| Investments in joint ventures and associates$'000 | - | - | 133,071 | 2,228,381 | 361 | 2,361,813 | - | 44,030 | 124,356 | 2,351,078 | 150 | 2,519,614 | PDF p. 141PDF p. 142 |
| Current assets$'000 | 168,151 | 392,994 | 169,813 | 159 | 58,567 | 789,684 | 231,138 | 343,758 | 170,662 | 170 | 60,645 | 806,373 | PDF p. 141PDF p. 142 |
| Capital expenditure$'000 | 17,179 | 180,233 | 7,544 | - | 38,316 | 243,272 | 17,123 | 71,271 | 5,263 | - | 26,479 | 120,136 | PDF p. 141PDF p. 142 |
Based on the geographical location of the Group's customers, essentially in the same location as the business operation.
Others: Myanmar, Brunei, Indonesia, Cambodia, China, Europe, United States of America, Middle East and Africa.
* Segmental information has been reclassified to conform with current year's presentation.
Debt
| Item / unit | 2025GROUP ($'000) | 2024GROUP ($'000) | 2025COMPANY ($'000) | 2024COMPANY ($'000) | Source |
|---|---|---|---|---|---|
| Maturity of non-current borrowings | |||||
| Between 1 and 2 years$'000 | 159,097 | 344,766 | 57,949 | 74,938 | PDF p. 172 |
| Between 2 and 5 years$'000 | 577,792 | 587,228 | - | 57,918 | PDF p. 172 |
(d) Maturity of non-current borrowings is as follows. Subtotal 736,889 / 931,994 / 57,949 / 132,856.
| Item / unit | 2025GROUP ($'000) | 2024GROUP ($'000) | 2025COMPANY ($'000) | 2024COMPANY ($'000) | Source |
|---|---|---|---|---|---|
| Repayable within one year | |||||
| Bank loans$'000 | 33,894 | 27,904 | - | - | PDF p. 172 |
| Term loans$'000 | 317,680 | 205,191 | 74,976 | 139,944 | PDF p. 172 |
| Repayable after one year | |||||
| Term loans$'000 | 736,889 | 931,994 | 57,949 | 132,856 | PDF p. 172 |
| Total borrowings | |||||
| Total$'000 | 1,088,463 | 1,165,089 | 132,925 | 272,800 | PDF p. 172 |
| Fair value | |||||
| Fair value$'000 | 1,092,231 | 1,159,613 | 132,925 | 272,753 | PDF p. 172 |
(a) The Group's unsecured bank loans bore interest rates ranging from 1.74% to 12.50% (2024: 3.05% to 12.30%) per annum.
(b) The Group's unsecured term loans bore interest at rates ranging from 2.00% to 5.33% (2024: 1.96% to 5.23%) and the Company's unsecured term loans bore interest at rates ranging from 2.10% to 3.56% (2024: 3.00% to 4.38%) per annum during the year. As at 30 September 2025 and 2024, term loans include variable rate notes and medium term notes issued by the Company and certain subsidiaries.
| Item / unit | 2025GROUP ($'000) | 2024GROUP ($'000) | Source |
|---|---|---|---|
| Reconciliation | |||
| Balance at beginning of year$'000 | 1,165,089 | 1,133,607 | PDF p. 173 |
| Proceeds from borrowings$'000 | 164,646 | 344,552 | PDF p. 173 |
| Repayment of borrowings$'000 | (238,958) | (327,367) | PDF p. 173 |
| Currency realignment$'000 | (2,733) | 14,391 | PDF p. 173 |
| Transaction costs$'000 | 419 | (94) | PDF p. 173 |
| Balance at end of year$'000 | 1,088,463 | 1,165,089 | PDF p. 173 |
Payout
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend policy | In determining dividends, the Board balances the need for a satisfactory return to shareholders against the Company’s investment requirement to ensure sustainable growth in the future. Over the years, the Board has maintained a track record of generous shareholder distributions. As a matter of policy, the Board remains committed to paying approximately fifty percent (50%) of Group Attributable Profit Before Fair Value Adjustment and Exceptional Items. | Group | PDF p. 98 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Final dividends of 4.0 cents per share amounting to $58,234,000 (2024: 4.0 cents per share amounting to $58,243,000) | 4.0 cents per share | Final dividend proposed for FY2025 (year ended 30 September 2025); subject to shareholder approval at AGM | PDF p. 145 |
| Final dividends of 4.0 cents per share amounting to $58,234,000 (2024: 4.0 cents per share amounting to $58,243,000) | 4.0 cents per share | Final dividend for FY2024 (year ended 30 September 2024), comparative | PDF p. 145 |
| Interim dividends of 1.5 cents per share paid in respect of the current financial year | 1.5 cents per share | Interim dividend FY2025 (comparative 2024: 1.5 cents per share) | PDF p. 145 |
| - net (cents) | 5.5 cents | FY2025 (FY2024: 5.5; FY2023: 5.5; FY2022: 5.0; FY2021: 5.0) | PDF p. 13 |
Extracted from ANNUAL REPORT 2025 and checked against the cited pages; see the original report for full context.
Auditor’s report
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Audit firm | KPMG LLP | Group | PDF p. 111 |
| Engagement partner | Jeya Poh Wan S/O K. Suppiah | Group | PDF p. 111 |
| Opinion | properly drawn up in accordance with the provisions of the Companies Act 1967 | Group and Company | PDF p. 108 |
Extracted from ANNUAL REPORT 2025 and checked against the cited pages; see the original report for full context.
Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.
Comparative figures follow ANNUAL REPORT 2025, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
The source presents Group profit or loss, comprehensive income and cash flows, and Group and Company balance sheets and changes in equity. Separate Company primary income/comprehensive-income/cashflow statements are not presented on physical pages112–119.
The FY2021–2024 figures follow the comparisons as previously reported in this FY2025 annual report; they do not represent independently collected original annual reports for all five years.
Physical page12 includes selected FY2015/FY2018/FY2021/FY2024/FY2025 chart comparisons. These are distinct from the continuous FY2021–FY2025 financial summary on physical page13. FY2015 continuing operations exclude discontinued Myanmar Brewery Limited. Market capitalisation and stock prices follow the first trading day after preliminary results, as described in source notes.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.