Nestle Malaysia posted a profit of 672.91 million ringgit ($159 million) for the full-year 2019 compared to 658.88 million ringgit in 2018, a rise of 2.13%.
The company’s revenue was almost flat, reaching 5.518 billion ringgit ($1.3 billion) in 2019 from 5.519 billion ringgit in 2018, the company reported in a bourse filing on Tuesday (Feb 25).
Its food and beverages segment earned a revenue of 4.68 billion ringgit ($1.1 billion), up from 4.43 billion ringgit in 2018.
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