KUALA LUMPUR: Nestlé (Malaysia) Bhd posted net profit of RM186.30mil in the first quarter ended March 31,2020 , impacted by the movement control order (MCO) as the government sought to flatten the Covid-19 curve.
Nestle announced on Tuesday its net profit fell by 20.7% from RM235.21mil a year ago. Its revenue dipped by 1.2% to RM1.43bil from RM1.45bil a year ago. Earnings per share were 79.45 sen compared with 100.31 sen a year ago.
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