Nestle Malaysia Q3 net profit up to RM148m | Malay Mail

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Nestle Malaysia Q3 net profit up to RM148m | Malay Mail
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KUALA LUMPUR, Nov 2 — Nestle (Malaysia) Bhd posted a higher net profit of RM148.02 million in the third quarter ended Sept 30, 2021 (Q3 2021) from RM128.39 million in a year earlier, supported by resilient demand in core food and beverages (F&B) business which recorded a 5.5 per...

KUALA LUMPUR, Nov 2 — Nestle Bhd posted a higher net profit of RM148.02 million in the third quarter ended Sept 30, 2021 from RM128.39 million in a year earlier, supported by resilient demand in core food and beverages business which recorded a 5.5 per cent growth and exports.

The company has declared an interim dividend of 70 sen per share, amounting to RM164.150 million, in respect of the financial year ending Dec 31, 2021. “We have maintained our operations safely and continued to ensure stable supply to fulfil the solid demand for our brands, while ramping up our product innovation and accelerating our environmental actions,” he said in a statement today.

Aranols said the group earnings and sales growth reflected the resiliency of its business and operations.

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