KUALA LUMPUR: An increase in domestic sales and double-digit growth in export sales drove Nestle (Malaysia) Bhd's top- and bottom-lines higher in the third quarter of the year.
According to CEO Juan Aranols, the quarterly performance affirmed the relevance of the group's commercial strategies and distribution capabilities, as well as trust in the group's brands.
"As we advance to conclude the year, we reconfirm our earlier guidance. We will continue to build on our well established and deeply rooted presence in Malaysia to deliver long-term value through innovation, operational excellence and a deep understanding of Malaysian consumers and their evolving needs.
"We will continue to remain rigorous in optimising resources and creating value across every dimension of our value chain," he said in a statement announcing the results.
During the quarter under review, the food and beverage products group posted a net profit of RM114.04mil, compared to RM85.41mil in the year-ago quarter. Quarterly earnings per share rose to 48.63 sen from 36.42 sen previously.
The group reported quarterly revenue of RM1.76bil, up from RM1.45bil in the comparative quarter due to domestic demand rising from a low comparative base in the 2024 quarter as well as increased demand from international markets for its 100% halal product portfolio.
The board of directors declared a second interim dividend of 60 sen per share, going ex on Nov 18, 2025, and payable on Dec 10, 2025.
For the cumulative nine-month period, Nestle Malaysia registered a net profit of RM387.5mil against a net profit of RM374.52mil in the year-ago period, while revenue jumped to RM5.2bil from RM4.75bil in the comparative period.
