Nestle Malaysia keeps positive outlook on the back of strong 3Q results


KUALA LUMPUR: Nestle Malaysia Bhd remains positive on its prospects despite rising food commodity costs, which will be a key challenge in the final quarter of the year as it expects the impact to be more pronounced in the coming months and especially in 2022, said CEO Juan Aranols.

"We are confident we will maintain our positive momentum and deliver another year of solid results in 2021,” said Aranols in a Tuesday statement issued in conjunction with the group's 3Q earnings result.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Nestle Malaysia , Juan Aranols , F&B , retail

   

Next In Business News

Bursa Malaysia rises as US election in full swing
Ringgit strengthens against greenback ahead of OPR decision
Trading ideas: IOI, Gagasan Nadi, Xin Hwa, T7, TCS, Aneka, HE, Ann Joo, Aimflex, F&N
Strong financial grasp critical for investors
US stocks slide after nuclear deal dismissal
Licence freeze to have impact on Xin Hwa
Gagasan Nadi in RM185mil acquisition
Proton October sales climb 13.6% to 12,799 units
Aneka Jaringan wins RM39mil job
TCS bags RM86mil contract

Others Also Read