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New Straits Times
24-07-2025
- Business
- New Straits Times
Nestle Malaysia's Q2 earnings jumps 20pct on 9.5pct revenue increase
KUALA LUMPUR: Nestlé (Malaysia) Bhd posted a 20 per cent increase in net profit to RM112.1 million for the second quarter ended June 30, 2025, up from RM93.6 million in the same period last year, supported by higher sales and effective cost control. Its revenue for the quarter grew 9.5 per cent to RM1.67 billion from RM1.52 billion previously, driven by steady domestic demand and resilient export performance. In a Bursa Malaysia filing, the company said this reflected its strong global position, particularly as the largest Halal manufacturing hub within the Nestlé Group. It added that continued emphasis on quality, taste, and nutritional value helped maintain strong brand loyalty amid a fast-evolving market. Nestlé Malaysia declared an interim dividend of 70 sen per share, unchanged from the previous year, to be paid on Oct 2. Chief executive officer Juan Aranols said the company is confident in its ability to sustain strong growth momentum and achieve profit recovery in the second half of 2025 (2H25). "We are mindful and vigilant of the geopolitical uncertainties that may impact the business environment in Malaysia. "Despite these ongoing uncertainties, we are committed to upholding our promise to provide great-tasting and nutritious Halal products, under Malaysians' favourite and most trusted brands," he said. Aranols said the company will continue to accelerate its digital transformation and drive efficiencies to support brand investments and innovation, aiming to reinforce its market leadership. This, he added, will be guided by a deep understanding of Malaysian consumer values and a firm commitment to making a positive impact on communities and the environment.
New Straits Times
21-04-2025
- Entertainment
- New Straits Times
#SHOWBIZ: 'The Last Dance' among Malaysia's top Chinese films
KUALA LUMPUR: The Last Dance, the popular Chinese movie screened late last year, has now garnered RM18.8 million at the box office, to become one of the Top 10 best selling Chinese movies in Malaysia. The movie produced, directed and co-written by Anselm Chan and starring Hong Kong superstars Michael Hui and Dayo Wong, as well as Michelle Wai, Tommy Chu and Catherine Chau, is the highest-grossing Hong Kong movie in Malaysia over the last six years. A statement from its distributors Lotus Five Star and Five Star AV yesterday said that it had collected over HK$166 million (RM93.6 million) in Hong Kong and Macau, to become one of the highest-grossing movies in both territories. The Last Dance has also received critical acclaim and numerous accolades including Best Film, Best Director and Best Actor, with a record-breaking 18 nominations at the Hong Kong Film Awards this year. The film also has an extended version which includes 13 minutes of never-before-seen footage, currently being screened in cinemas. The Last Dance explores themes related to Hong Kong's deathcare and follows a wedding planner (Wong) who enters the funeral industry through a partnership with a traditional Taoist priest (Hui), seeking to understand the meaning of life and death through funeral rituals.
