Nestle Malaysia Bhd
said its net profit for the nine months to September 2003 fell 21% to RM124.3mil from RM157.93mil a year ago, due mainly to impairment costs relating to the cessation of its sugar business.
Sales for the nine months amounted to RM2bil, compared with RM1.97bil in the same period a year ago, while pre-tax profit stood at RM159.25mil against RM200.68mil previously.
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