SINGAPORE - Food and beverage giant Fraser and Neave (F&N) has posted a 0.2 per cent gain in net profit to $143.9 million, before fair value adjustments and exceptionals for the full year ended Sept 30.

Including gains from disposals, net profit fell 97.3 per cent to $147.1 million from $5.43 billion last year. Last year's figure was inflated by a $4.8 billion one-off gain from the sale of its entire stake in Asia Pacific Breweries.

Full-year revenue inched up 5.5 per cent to $2.42 billion from $2.29 billion last year due to stronger sales at its beer and dairies divisions.

Earnings per share after fair value adjustments and exceptionals was 10.2, down from last year's 376.8 cents.

Net asset value was $1.11 per share, down from $5.90 last year.

F&N's directors have recommended a final dividend of three cents a share, to be paid on Feb 16 next year. On top of an interim dividend of two cents paid earlier, total dividend for the year will come up to five cents. This is below last year's total dividend of 15.5 cents per share.

The group is reviewing its options in relation to the recent arbitration decision on it's shareholding of Myanmar Brewery Limited, which may result in the sale of its interest, F&N said in its filing to the Singapore Exchange.

Shares closed four cents lower at $2.94. Results were reported after market closed.