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Nestle’s earnings up to 27.5pc to RM134.5m in Q2 | Malay Mail

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KUALA LUMPUR, Aug 24 ― Nestle (Malaysia) Bhd posted a net profit of RM134.53 million in the second quarter ended June 30, 2021 (Q2 2021), up 27.5 per cent from RM105.53 million a year earlier. The food and beverage (F&B) manufacturer said the performance was driven by the top-line...

KUALA LUMPUR, Aug 24 ― Nestle Bhd posted a net profit of RM134.53 million in the second quarter ended June 30, 2021 , up 27.5 per cent from RM105.53 million a year earlier.

Revenue rose to RM1.38 billion during the quarter under review from RM1.22 billion previously, mainly due to robust domestic sales growth of 15.8 per cent on the back of the group’s strong core F&B business, which grew by 8.4 per cent in Q2 2021, it said. “This impact will become more noticeable in the months ahead,” the company said in a filing with Bursa Malaysia today.

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