Nestle Malaysia lifts quarterly profit to RM197.51 million, declares 80 sen dividend
Revenue increased 5.3% to RM1.86 billion as domestic demand strengthened across key product categories.
Nestle (Malaysia) Bhd posted net profit of RM197.51 million for the quarter ended Sept 30, 2026 (3QFY2026), a 73% increase from RM114.04 million a year earlier. The company attributed the improvement mainly to higher sales and reduced input costs.
In its Bursa Malaysia filing, the company declared 80 sen per share as its second interim dividend, up from 60 sen a year earlier. Payment is scheduled for Dec 9, with the shareholder record date set at Nov 11.
Quarterly revenue reached RM1.86 billion, rising 5.3% year-on-year. Nestle Malaysia said stronger domestic demand in key product categories supported sales, while export demand for its Malaysian-made halal products held steady.
Over the first nine months, revenue climbed 6.7% year-on-year to RM5.55 billion. Net profit increased 44%, reaching RM557.64 million against RM387.5 million in the corresponding period last year.
The company maintained a positive outlook for the full year 2026. It said continued spending on digitalisation, automation and productivity initiatives was expected to improve operational efficiency and agility.
Before the results were announced, Nestle Malaysia shares stood at RM90.50 at the midday trading break, gaining 24 sen or 0.3%. The company was valued at RM21 billion.
