Nestle focuses on delivering quality goods

KUALA LUMPUR: With the results of its first-quarter ended March 31 (1Q24) performance in, Nestle (M) Bhd said 2024 is shaping up to be a challenging year with pressure on short-term growth as a result of inflation and foreign exchange volatility.

The consumer group reported a 1Q24 net profit of RM195.51mil as compared to RM197.15mil, representing an earnings per share of 83.37 sen compared to 84.07 sen.

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