Nestle Malaysia keeps positive outlook on the back of strong 3Q results


KUALA LUMPUR: Nestle Malaysia Bhd remains positive on its prospects despite rising food commodity costs, which will be a key challenge in the final quarter of the year as it expects the impact to be more pronounced in the coming months and especially in 2022, said CEO Juan Aranols.

"We are confident we will maintain our positive momentum and deliver another year of solid results in 2021,” said Aranols in a Tuesday statement issued in conjunction with the group's 3Q earnings result.

5.5 PAYDAY OFFER: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Nestle Malaysia , Juan Aranols , F&B , retail

Next In Business News

ANZ says Australia likely to avoid recession; flags prolonged impact of Middle East war
Japan's factory activity growth hits 4-year high on stockpiling, PMI shows
South Korean April exports rise 48.0% y/y as chip boom extends
Japan warns yen speculators it stands ready to intervene again
Gold heads for weekly loss on oil-driven inflation concerns
Pos Malaysia strengthens board with new appointments of industry veterans
Govt to continue taking necessary measures to address global economic uncertainty
Ekuinas unveils 22 artworks at ‘Alir’ exhibition, showcasing emerging Bumiputera talent
Bursa Malaysia appoints Azizan Abdul Aziz as director of Islamic Capital Market
Emerging stocks see best month since 2022 amid AI boom, oil fear

Others Also Read