Nestlé (Malaysia)

NESTLE

MYL4707OO005

Food Processing

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
127.2 ^MYR	+0.16%		+2.58%	+8.16%

Feb. 28	Nestle (Malaysia) Hikes Dividend as Profit Jumps in Q4, Taps Ex-Petronas Chief as Chairman	MT
Feb. 27	Nestlé Berhad Announces Board Changes	CI

Nestlé Berhad Reports Impairment Charges and Written Off Results for the Fourth Quarter Ended December 31, 2023

February 27, 2024 at 07:54 am EST

Nestlé (Malaysia) Berhad reported impairment charges and written off results for the fourth quarter ended December 31, 2023. For the quarter, the company reported impairment loss on property, plant and equipment of MYR 42,621,000 against MYR 6,233,000 a year ago. Property, plant and equipment written off was MYR 322,000 against MYR 91,000 a year ago.

Latest news about Nestlé (Malaysia)

Nestle (Malaysia) Hikes Dividend as Profit Jumps in Q4, Taps Ex-Petronas Chief as Chairman	Feb. 28	MT
Nestlé Berhad Announces Board Changes	Feb. 27	CI
Nestlé Berhad Reports Impairment Charges and Written Off Results for the Fourth Quarter Ended December 31, 2023	Feb. 27	CI
Nestlé Berhad Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 27	CI
Nestlé Berhad Announces Interim Dividend Tax Exempt Under Single Tier System for the Financial Year Ended 31 December 2023, Payable on 16 May 2024	Feb. 27	CI
Nestlé Berhad Appoints Tan Sri Tunku Puteri Intan Safinaz Binti Almarhum Sultan Abdul Halim Mu'adzam Shah as Independent and Non Executive Member of Nomination and Remuneration Committee, Effective February 1, 2024	Jan. 31	CI
Nestlé Berhad Appoints Tan Sri Wan Zulkiflee Wan Ariffin as Independent and Non Executive Member of Audit Committee, Effective February 1, 2024	Jan. 31	CI
Nestle (Malaysia)'s Profit, Revenue Rise in Q3	23-10-27	MT
Nestlé Berhad Announces Tax Exempt Single Tier Interim Dividend for the Financial Year Ending December 31, 2023, Payable on December 14, 2023	23-10-26	CI
Nestlé Berhad Reports Impairment and Written Off Results for the Quarter Ended September 30, 2023	23-10-26	CI
Nestlé Berhad Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-26	CI
Nestlé Berhad Appoints Tan Sri Wan Zulkiflee Wan Ariffin as Independent and Non Executive Director	23-09-29	CI
Nestlé Berhad Announces Resignation of Alessandro Monica as Executive Alternate Director	23-09-29	CI
Nestlé Berhad Appoints Tan Sri Wan Zulkiflee Wan Ariffin as New Independent Non-Executive Director to Its Board, Effective 1 October 2023	23-09-01	CI
Nestle (Malaysia)'s Profit, Revenue Rise in Q2	23-07-28	MT
Nestlé Berhad Declares Interim Dividend Tax Exempt Under Single Tier System for Financial Year Ending 31 December 2023, Payable on October 5, 2023	23-07-27	CI
Nestlé Berhad Reports Property, Plant and Equipment Written Off for the Second Quarter Ended June 30, 2023	23-07-27	CI
Nestlé Berhad Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-07-27	CI
Nestlé Berhad Appoints Ytm Tunku Intan Safinaz Bt Sultan Abd Halim as Independent and Non Executive Director, Effective 02 May 2023	23-05-02	CI
NestlÃ© Berhad Appoints Tunku Alina Binti Raja Muhd Alias as Independent and Non-Executive Member of Audit Committee	23-04-27	CI
Nestlé Berhad Announces the Retirement of Datin Sri Azlin Binti Arshad as Independent and Non Executive Director	23-04-26	CI
Nestlé Berhad Announces Retirement of Datin Sri Azlin Binti Arshad as Independent and Non-Executive Member of Audit Committee	23-04-26	CI
Nestle (Malaysia)'s Profit Drops, Revenue Rises in Q1	23-04-26	MT
Nestlé Berhad Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-25	CI
Nestle (Malaysia) Raises Dividend as Profit Rises in Q4	23-02-21	MT

Chart Nestlé (Malaysia)

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Company Profile

Nestle (Malaysia) Berhad is a Malaysia-based company, which is a food and beverage (F&B) manufacturer. The Company operates through two segments: Food & Beverages and Others. The Companyâs product category includes dairy, coffee, foods, ready-to-drink, ice cream, confectionery, healthcare nutrition, maternal and child nutrition, breakfast cereals, and out-of-home. The diary portfolio includes brands such as NESTLE OMEGA PLUS, NESTUM, NESTLE EVERYDAY NESTLE JUST MILK, and NESPRAY. Its coffee brand includes NESCAFE, NESPRESSO, NESCAFE CLASSIC, NESCAFE Latte, and NESCAFE GOLD. Its ready-to-drink brand include MILO Can, MILO UHT, MILO Nutri G, NESCAFE CANS, NESCAFE Smoovlatte, and NESCAFE Cup. Its breakfast cereals include NESTLE CORN FLAKES, NESTLE COOKIE CRISP, NESTLE FITNESSE, NESTLE HONEY STARS, NESTLE KOKO KRUNCH, NESTLE KOKO KRUNCH DUO, NESTLE MILO, and NESTLE Multi Grain CHEERIOS. Its subsidiary is Nestle Products Sdn. Bhd.

Sector

Food Processing

Calendar

2024-04-29 - Annual General Meeting

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Ratings for Nestlé (Malaysia)

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

127.2 MYR

Average target price

128.1 MYR

Spread / Average Target

+0.72%

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Quarterly earnings - Rate of surprise

Company calendar

Sector Dairy Products

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HATSUN AGRO PRODUCT LIMITED	-3.99%	2.92B
THE A2 MILK COMPANY LIMITED	+41.30%	2.79B

Dairy Products

Nestlé (Malaysia)

Equities

NESTLE

MYL4707OO005

Food Processing

Nestlé Berhad Reports Impairment Charges and Written Off Results for the Fourth Quarter Ended December 31, 2023

EPS Revisions