KUALA LUMPUR: Nestle (M) Bhd
, which plans to spend RM240mil in capital expenditure (capex) for the financial year ending Dec 31, warns that its earnings is expected to be softer this year due to rising raw materials prices.
Managing director Sullivan O'Carroll said this year would continue to be a very challenging year as the high prices of commodities remained a concern.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
