Nestle Malaysia’s Q3 Profit Dips Drastically By 35% As Consumers Turned Cautious
Nestle Malaysia reported its third quarter results with a turnover of RM1.45 billion representing a decrease of 18.4% compared to the same period in the previous year which recorded exceptionally high sales. The group said the decline was chiefly attributed to the reduction in domestic sales, which is impacted by consumer hesitancy amidst cautious spending […]