Nestle posts net profit of RM128.39mil, declares 70 sen/share dividend


KUALA LUMPUR: Nestle (Malaysia) Bhd recorded a net profit of RM128.39mil in the third quarter ended Sept 30, 2020, which was 13.8% lower than RM148.99mil in the previous corresponding quarter due to the impact of the pandemic on hotels and restaurants and higher operational expenses.

For the quarter under review, revenue was RM1.39bil, slightly lower than RM1.4bil in the comparative quarter.

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Nestle , Horeca , F&B

   

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