The company's logo is seen at a Nestle plant in Konolfingen, Switzerland September 28, 2020. REUTERS/Arnd Wiegmann?
KUALA LUMPUR: Nestle (M) Bhd
could see margins compression from the rise in commodity prices, but its venture into plant-based products could be earnings accretive in the long-run.
Last year, Nestle invested RM150mil to set up a plant-based meals solution manufacturing facility in Shah Alam, being the first of its kind in South-East Asia.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
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!
