Nestle posts strongest-ever revenue despite boycott calls
Boycott calls seem to have little impact on Nestle (M) Bhd as its annual revenue hit a record-high of RM7.05bil in the financial year of 2023 (FY23).
Source: thestar.com.my
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A more optimistic outlook for consumer sector this year
The consumer sector is looking more optimistic this year as domestic spending is expected to be boosted by government handouts to increase spending on staple food and a higher number of tourist arrivals.
Source: thestar.com.my
A better year in 
store for local currency
PETALING JAYA: A firmer ringgit is expected in 2024, with the local currency forecast to strengthen to RM4.40 per US dollar by the end of next year.
Source: thestar.com.my
Fluctuating commodity prices a concern
Despite enjoying relatively resilient demand for staple-related products, consumer companies will likely see their margins come under pressure due to volatility of commodity prices.
Source: thestar.com.my
Nestle 3Q net profit at RM133.7mil, declares 70 sen dividend
KUALA LUMPUR: Nestle (M) Bhd, which posted a 19% jump in net profit to RM133.7mil in the third quarter ended Sept 30 (3Q), has declared an interim dividend of 70 sen per share.
Source: thestar.com.my