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HEINEKEN For Immediate Release 25 August 2021 2QFY2021 Results : ● HEINEKEN MALAYSIA REPORTS Q2 2021 RESULTS ● MEDIA RELEASE 1HFY2021 Results : Revenue increased by 38 % to RM349.4 million ( 2QFY20 : RM253.7 million ) Profit Before Tax ( PBT ) increased by 238 % to RM33.1 million ( 2QFY20 : loss of RM24 million ) Net profit increased by 239 % to RM25.2 million ( 2QFY20 : loss of RM18.2 million ) Revenue increased by 17 % to RM897.1 million ( 1HFY20 : RM769.6 million ) Profit Before Tax ( PBT ) increased by 155 % to RM129.8 million ( 1HFY20 : RM50.8 million ) Net profit increased by 155 % to RM98.8 million ( 1HFY20 : RM38.7 million ) Heineken Malaysia Berhad ( HEINEKEN Malaysia ) announced its financial results for the second quarter and six months ended 30 June 2021 , reporting an improved performance compared to the same period in 2020 . Group revenue for the second quarter grew by 38 % as compared to the same quarter in 2020 due to higher sales as businesses and consumers gradually adapted to the new normal despite the intermittent lockdowns , as compared to the corresponding quarter in 2020 when the unprecedented first nationwide lockdown was imposed . Correspondingly , the Group reported a Profit Before Tax ( PBT ) of RM33.1 million as compared to a pre - tax loss of RM24 million in the same quarter last year when the Group had to suspend operations at its Sungei Way Brewery for seven weeks from March to May 2020 during the first Movement Control Order ( MCO ) . The improved performance was attributed to revenue growth driven by effective revenue management , optimisation of marketing spend and cost savings initiatives implemented by the Group , as well as the one - off settlement of the Customs ' Bills of Demand of RM7.2 million in June 2020 . Meanwhile , for the six months ended 30 June 2021 , Group revenue grew 17 % mainly due to higher sales from increased in - home consumption as business and economic activities started to recover in the beginning of the first half . The revenue growth was also due to effective execution of various commercial campaigns and easing of social and economic restrictions compared to the first half of 2020. The Full MCO ( FMCO ) imposed by the Government on 1 June 2021 then resulted in the full suspension of brewery operations for eleven consecutive weeks until the Prime Minister announced easing of restrictions for non - essential sectors effective 16 August 2021 . Commenting on the results , Roland Bala , Managing Director of HEINEKEN Malaysia said , " While the improvement in performance for the second quarter and first half of 2021 indicated signs of recovery , this also reflects our continuing efforts to right size our cost base as we continue to navigate a challenging