KUALA LUMPUR: Nestle (Malaysia) Bhd has proposed a higher final dividend payout for the year ended Dec 31, 2017 after the company reported a surge in net profit in the last quarter.
Earnings in the fourth quarter rose to RM133.5mil from RM66.9mil made a year ago on lower spending on marketing as well as cost savings, as revenue improved 2.5% to RM1.28bil.
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