Higher earnings for Nestle on domestic, export sales


Hofbauer: ‘Our decision to invest upfront in marketing and trade promotions in the last quarter of 2016 has clearly paid off and led to positive results in this quarter.’

PETALING JAYA: Nestle (M) Bhd posted stronger earnings and revenue in the first quarter ended March 31, 2017, boosted by domestic and export sales.

The country’s largest food and beverage company reported a 4.4% rise in net profit to RM230.43mil from RM220.67mil a year ago.

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