Guinness Anchor Berhad in Malaysia once again realized higher sales volumes. Our operating company in Indonesia was able to increase its sales volume and market share. Both the Bintang brand and Guinness produced under licence contributed here. The new brewery in Sampang Agung on East Java was completed and has now taken over beer production from the old brewery in Surabaja. The new brewery has a capacity of one million hectolitres. Although the result improved in local currency, the outcome was considerably lower after translation into guilders, due to the decline of the Indonesian rupiah. We increased our participation in Multi Bintang to 79%. Our brewery on New Caledonia had an excellent year. Sales of Heineken beer brewed locally under licence on Tahiti, continued to grow strongly. n were up by 5.3% to N LC 1,584 million. HEINEKEN N. V. REPORT OF THE EXECUTIVE BOARD 19 9 7 33

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 1997 | | pagina 48