Strong sales momentum underpins Nestle Malaysia's higher bottomline in 2Q
KUALA LUMPUR: Nestle (Malaysia) Bhd has made good on its earlier guidance that it would return to healthy growth by the first half of 2025.
In the second quarter ended June 30, 2025 (2QFY25), the food and beverage firm posted a net profit of RM112.11mil, up from RM93.6mil in the same quarter in 2024. Earnings per share rose to 47.81 sen from 39.91 sen in the comparative quarter.
The group reported revenue of RM1.67bil, improved from RM1.52bil in 2QFY24, with strong sales momentum across brands and further sales progress following the festive campaigns in the preceding quarter.
Nestle Malaysia CEO Juan Aranols attributed the positive performance to the company's ability to manage margins amid sustained volatility in commodity prices through the systematic application of the 'Nestlé Virtuous Circle' framework.
He explained the approach as a relentless focus on efficiency and cost optimisation to fund brand investments that drive growth and market share gains.
"Amidst market volatility and intense competition, we continued to drive strong brand plans with effective execution across all sales channels," he said.
"We remain committed to continue honouring the trust Malaysians place in our brands and products, always Halal-certified and proudly made in Malaysia, by Malaysians and for Malaysians."
Moving forward, Aranols said the group remains confident in the second half of 2025 as it drives solid momentum and profit recovery through the coming quarters. "We are mindful and vigilant of the geopolitical uncertainties that may impact the business environment in Malaysia," he added.
During the six months period to June 30, 2025, Nestle's net profit slipped to RM273.45mil from RM289.11mil in 1HFY24, while revenue was higher at RM3.44bil from RM3.31bil in the same period in 2024.
The board of directors declared an interim dividend of 70 sen with an entitlement date of Sept 3, 2025, and payment date on Oct 2, 2025.
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