PETALING JAYA: Against a background defined by constrained purchasing power, subdued consumer sentiment and cautious spending throughout the Chinese New Year and Hari Raya festive seasons, Nestle (M) Bhd
saw its sales reach RM3.3bil for the first half of 2024 (1H24).
This represented a dip of 8% versus the historically high record sales achieved for 1H23. In a statement released yesterday, the fast-moving consumer goods group said the cumulative turnover for 1H24 is comparable to the solid figures achieved in 1H22.
