Earnings for the three months to Dec 31 rose 15% y-o-y to $25.9 million as the instant-coffee maker booked a gain of $6.5 million from the disposal of its property at Chin Bee Crescent in Singapore.

Revenue was little changed at $153.7 million, as weaker sales of ingredients like coffee powder offset an increase in sales of branded consumer products such as cereal and cup noodles.

The results brought Super's full-year earnings to $68.8 million, down 31%.

The decline was a result of higher raw-material and marketing costs, losses at its associates and joint ventures, and the absence of a divestment gain, which contributed to earnings in 2013.

"The group expects market conditions to remain competitive while raw material costs and regional currency fluctuations will impact the group’s operating performance," Super said in a statement today.

The company declared a final dividend of 2.1 cents a share, bringing its total 2014 payout to 3.1 cents, down from nine cents a year earlier.

Super shares were up 2.1% at $1.21 at 2:54pm (0654 GMT).