Nestle Malaysia posts higher net profit of RM180.92mil in 2Q, declares 70c dividend


KUALA LUMPUR: Nestle (Malaysia) Bhd maintained positive momentum over the second quarter of its financial year (2QFY23) despite a weakened ringgit and volatility in the commodity and energy markets.

For 2QFY23, the food and beverage group said net profit came in at RM180.92mil, representing an earnings per share of 77.15 sen, as compared to a net profit of RM169.65mil in the previous corresponding quarter.

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Nestle , Juan Aranols , profit , consumer , F&B , retail

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