Below are the financial statements of Nestle (Malaysia), including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of MYR | 2024 | 2023 |
|---|---|---|
| Revenue | 6,224.75a | 7,050.88a |
| Cost of sales | -4,339.95a | -4,819.88a |
| Gross profit | 1,884.8a | 2,231a |
| Selling and distribution expenses | -943.44a | -978.59a |
| Administrative expenses | -223.8a | -199.96a |
| Other expenses | -109.12a | -112.08a |
| Reversal of/(allowance for) expected credit loss on trade receivables | 0.57a | -1.03a |
| Operating profit | 609a | 939.34a |
| Finance income | 0.22a | 0.34a |
| Finance costs | -64.15a | -60.69a |
| Net finance (costs)/income | -63.94a | -60.35a |
| Share of (loss)/profit of an equity accounted associate, net of tax | -0.67a | 0.1a |
| Profit before tax | 544.4a | 879.09a |
| Income tax expense | -128.77a | -219.22a |
| Profit for the year | 415.62a | 659.87a |
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