Nestle Malaysia 2Q net profit down on-year, pays 70 sen dividend

Nestle Malaysia 2Q net profit down on-year, pays 70 sen dividend

The Edge Markets - Malaysia·2019-08-27 13:41

KUALA LUMPUR (Aug 27): Nestle (M) Bhd reported today a 6% drop in second quarter net profit to RM156.89 million from RM166.16 million a year earlier, as the food and beverage manufacturer registered higher operating expenses amid currency exchange rate volatility and higher commodity prices.

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