Nestle Malaysia posts net profit of RM169.65mil in 2Q, div of 70c


KUALA LUMPUR: As Nestle Malaysia Bhd undergoes a post-pandemic earnings recovery, CEO Juan Aranols warned of mounting headwinds in the months ahead amid disruptions to global supply chains and rising prices in global commodities.

He noted other ongoing developments - the rising inflation, prolonged war on Ukraine as well as the depreciation of the ringgit against the US dollar - will further put pressure on prices and impact the availability of key food commodities.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

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 , Juan Aranols , consumer , F&B , sustainability

Next In Business News

Coastal Contracts seeks to up capacity in Mexico
Lower input costs a plus for businesses
Sunview unit takes over solar plant for RM70mil
Sasbadi eyes growth via new curriculum tenders
TT Vision bags RM7mil worth of orders
PBoC defies Wall Street
Topmix set for stronger revenue, thanks to thriving property sector
Vietnam EV maker weighs overseas IPO
Cypark redeems RM235mil sukuk early
Meta to acquire Chinese AI�startup firm

Others Also Read