THE outbreak of Severe Acute Respiratory Syndrome (SARS) and the war in Iraq have had no negative impact on Nestle (M) Bhd
's business, said its managing director Jose Lopez, and the company is satisfied with how it has performed so far this year.
Lopez said the closure of the company's sugar confectionery business from May 1 would save it money going forward, as this business had lost RM10mil last year. Nestle posted a net profit of RM182.6mil for 2002.
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