
OUR PURPOSE & VALUES





Our Chairman’s Message

Brew the Joy of True
Togetherness to Inspire a
Better World
I am pleased that the Group has reported an increase in revenue and profit as compared to the same period in 2021 as the Group recovers above pre-pandemic levels with reopening of on-trade and entertainment channel and Malaysia’s international borders. HEINEKEN Malaysia’s revenue increased by 44% to RM2.86 billion (FY2021: RM1.98 billion), mainly attributable to an increase in sales volume following the reopening of international borders, increased on-trade consumption, as well as a positive mix impact from premium portfolio growth.
>> Dato’ Sri Idris Jala
Chairman
Management Discussion & Analysis

Emerging Stronger
from the Crisis
We will remain responsive to the volatile business environment and new market realities, with a focus on delivering our EverGreen strategy, in order to continue to invest behind our brands and capabilities, as well as future-proof the business to unlock efficiencies and reinvest in growth drivers. We welcome the stance taken by the Government not to increase the excise duties on beer in the latest Budget 2023 review announced in February 2023, as any hike in excise rates will further fuel illicit alcohol demand..
>> Roland Bala
Managing Director
PERFORMANCE HIGHLIGHTS
People
549
TOTAL EMPLOYEES
BOARD OF DIRECTORS

EMPLOYEE ENGAGEMENT SCORE
90
(+6% vs 2021)
MANAGEMENT TEAM

PERFORMANCE ENABLEMENT SCORE
84
(+4% vs 2021)

TIGER CHINESE EDUCATION CHARITY CONCERT
RM20 million
raised for 8 schools, RM380 million since 1994
HEINEKEN CARES
200 million steps
by HEINEKEN Malaysia employees
600,000 meals
for communities

Planet

49%
ABSOLUTE CARBON EMISSIONS
in Production (vs 2018 baseline)

49%
ABSOLUTE CARBON EMISSIONS
in Production (vs 2018 baseline)
100%
RENEWABLE ELECTRICITY since March 2022
BALANCED
203%
of water used in our products in 2022
Zero
Waste to Landfill since 2017

Performance

SINGLE TIER INTERIM DIVIDEND OF
40 sen
per stock unit which was paid on 11 November 2022
BALANCED
203%
of water used in our products in 2022
GROUP
REVENUE
+ 44%
RM2.86 billion
(FY2021: RM1.98 billion)
GROUP PROFIT BEFORE TAX (PBT)
+ 85%
RM595 million
(FY2021: RM321 million)
CONTRIBUTED
RM1.6 billion
in taxes to the
Government