Fraser & Neave Holdings Bhd Annual Report 2020

E A S T A S I A C E N T R A L A S I A O C E A N I A S O U T H E A S T A S I A 027 ANNUAL REPORT 2020 01 overview CONTRIBUTION OF TOTAL EXPORTS FY2020 GROUP REVENUE 20 % GROUP OPERATING PROFIT 18 % E X P O R T H I G H L I G H T S : TOP EXPORTED PRODUCTS: • Condensed Milk and Evaporated Milk DIFFERENTIATION IN PACKAGING FORMAT CATERING TO THE DIFFERENT NEEDS OF OUR CONSUMERS: • Stick pack • 2.5kg pouch • 20kg bag-in-box (BIB) • 1 Metric Tonne Chep Pallecon (for Industrial) • 7 new export countries in FY2020 • Established first international office in Dubai CONTRIBUTION OF EXPORT REVENUE TO SEGMENT REVENUE FY2020 F&B MALAYSIA 22 % F&B THAILAND 18 % EXPORT MARKET COUNTRIES WORLDWIDE 82 We intend to set up more regional offices, with China and Asean being immediate targets as they represent significant markets which we can further develop. We are also looking to nurture more partnerships with customers in our Export markets and to explore the potential of co-branding, thus convert some OEM customers into co-branded partners.