Carlsberg Brewery Malaysia Bhd announced that it has clinched the top spot of Highest Return on Equity Over Three Years under the Consumers Products & Services category at the 12th edition of The Edge Billion Ringgit Club (BRC) Awards.
This is the second consecutive year that the brewer has won this award.
The brewer has reported a return on shareholders’ fund of 105.1% in 2020, 189.2% in 2019 and 122.5% in 2018.
Carlsberg Malaysia managing director Stefano Clini said the accolade is testament to the company’s commitment to deliver long-term sustainable value to shareholders.
“It is no mean feat to win the award twice in a row. We are very proud to receive this award again as it shows that all our efforts to drive performance and deliver shareholder value are recognised. I must thank all our employees as well as our distributors, suppliers and trade partners for their relentless commitment. I would also like to dedicate this win to our loyal consumers for their unwavering support,” he said.
The brewer is one of only two corporate winners within the consumer products and services sector.
Carlsberg Malaysia had a market capitalisation of RM7.11 billion as of 31 December 2020 and was one of 186 nominees in this year’s BRC assessment consisting of public-listed companies with a market capitalisation of RM1 billion and above.
The 186 members command a market capitalisation of RM1.59 trillion or 90% of the combined market capitalisation of all Bursa Malaysia-listed companies as of 31 March 2021.
These corporate leaders play a key role to nation building, as they contribute an estimated RM23 billion in taxes for FY2020, constituting about 46% of the RM50 billion corporate tax collection for 2020.
In its 12th instalment this year, the Edge BRC Awards 2021 presented a total of 55 awards to 43 companies. The awards are to honour Corporate Malaysia’s best-performing and top responsible organisations, which also aim to spur Malaysian companies to be even better, both financially and also as a corporate citizen.
Carlsberg Malaysia is no stranger to The Edge BRC Awards. This is the fourth award for the brewer. It has previously won the Best Corporate Responsibility Initiatives award for public-listed companies under RM10 billion market capitalisation in 2019 and 2014, as it showcased its resolute commitment to environmental and social priorities under its Together Towards ZERO sustainability ambitions and its efforts in giving back to local communities.
Carlsberg Malaysia had also recently bagged the “Company of the Year” under the manufacturing of beverage sector for the second time at the 6th edition Sustainability & CSR Malaysia Awards 2021. The brewer’s Safer Schools campaign, which is part of its Covid-19 relief programme, was named as an exemplary project in providing meaningful intervention and solution for communities involved.
