The hub, Hofbauer said, is slated to be launched in early in Selangor. Its managing director Alois Hofbauer said Nestle Malaysia has invested substantially in manufacturing capabilities over the last five years and would continue to invest in product categories and new launches next year.
This is a great sign that shows the company has been doing a great job at deploying its capital. According to Hofbauer, Nestle Malaysia employs over 5, people and produces more than halal products with made-in-Malaysia leading brands such as Milo, Maggi and Nescafe.
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Net profits have seen a similar uptrend — growing from RM After forging a strong presence in the country since and embarking on an aggressive new product innovations several years ago, the Malaysian unit of Switzerland-based Nestle S.
Total revenue grew from RM2,