Nestle’s promotion in February boosted domestic performance.
PETALING JAYA: Nestle (M) Bhd
registered a higher net profit of RM187.9mil for its first quarter ended March 31 due to better sales, favourable input costs and timing of fixed expenses.
Its net profit rose 2.38% from a year ago while revenue climbed marginally by 0.39% to RM1.28bil.
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