Nestle projects RM300 mln sales from Sabah and Sarawak this year

Business & Markets 2013
Written by Bernama
Monday, 27 May 2013 18:29
A + / A - / Reset

KUCHING (May 27): Nestle (Malaysia) Bhd is expecting an increase in
projected sales to RM300 million this year from Sabah and Sarawak,
from RM262.8 million in 2012, with products mainly sourced from its
Sejingkat factory here.
Managing director Alois Hofbauer said today, the company was also
looking at expansion plans for the 38,000 sq m factory, which currently
produces the Maggi instant noodles and Nestle ice cream brands, with
new production lines.
"We are now doing a feasibility study and will meet up with local
government officials soon to see how they can support us in our future
investments," he added.
He was speaking a media conference after officiating the Nestle
Sejingkat factory's 20th anniversary celebration and open house in
conjunction with the forthcoming Gawai Dayak and Kaamatan festivities.
Hofbauer said the public listed company had invested over RM70 million
in the Sejingkat factory, which opened in 1993 with a fried noodle plant
and now employed 235 people, mostly locals from neighbouring villages.
In August 1998, an ice cream plant with a cold room, was added to
produce brands like Nestle Mat Kool and Drumstick.
At present, an average one million of the instant noodle range is
produced daily, forming the largest Maggi segment in Sabah and Sarawak, and targeting mainly the local market with a
smaller volume for the Peninsular.
Hofbauer said last year, Nestle recorded a turnover of RM4.6 billion, an increase of 7.3 per cent from 2011, and an increase
of 18.3 per cent in net profit during the same period. -- BERNAMA.