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HEINEKEN For Immediate Release 11 November 2021 Key Highlights 3QFY21 Results : ● ● HEINEKEN Malaysia Reports 3QFY21 Results Improved performance for 9 - months vs 2020 but still below pre - Covid level ● 9MFY21 Results : MEDIA RELEASE Revenue decreased by 18 % to RM389.8 million ( 3QFY20 : RM473.8 million ) Profit Before Tax ( PBT ) decreased by 16 % to RM67.2 million ( 3QFY20 : RM80.5 million ) Net profit decreased by 17 % to RM51 million ( 3QFY20 : RM61.3 million ) Revenue increased by 4 % to RM1.29 billion ( 9MFY20 : RM1.24 billion ) PBT increased by 50 % to RM197million ( 9MFY20 : RM131.3 million ) Net profit increased by 50 % to RM149.9 million ( 9MFY20 : RM100 million ) Heineken Malaysia Berhad ( HEINEKEN Malaysia ) announced its financial results for the third quarter and nine months ended 30 September 2021 , demonstrating the brewer's continued efforts to build resilience and recover from the impact of the Covid - 19 pandemic . Group revenue for the third quarter declined by 18 % as compared to the same quarter in 2020 as sales were adversely affected by the continued suspension of brewery's operations which lasted until 15 August 2021 in line with the full lockdown imposed by the Government on 1 June 2021. Group PBT dropped 16 % along with lower revenue , mitigated by effective cost management and on - going cost saving initiatives . For the nine - month period , Group revenue grew 4 % , mainly due to better revenue management and higher in - home consumption as business and economic activities started to recover . Consumers have gradually adapted to the new normal despite the intermittent lockdown as compared to 2020 when the unprecedented first nationwide lockdown was imposed . Group PBT increased by 50 % to RM197 million , principally due to revenue growth , effective allocation of marketing investment , right - sizing of our organisation and cost base , faster adoption of digitalisation , and the absence of the one - off settlement of the Customs ' Bills of Demand of RM7.2 million incurred in June 2020. Whilst the Group delivered an improved performance for the nine months ended 30 September 2021 versus the same period of 2020 , compared to the pre - Covid period of 2019 , the Group PBT was 33 % lower .