“We are committed towards a balanced business approach of prudent cost management and to focus on enhancing efficiency and productivity to maintain price stability for our consumers especially in a tough environment. Despite this environment, we are optimistic that we are well-prepared due to our resilient framework of strong operations, powerful brands and top notch people,” he added.

He added Nestle’s philosophy of “Doing Well, by Doing Good” is in line with its “Creating Shared Values” principles.

“This has been the cornerstone of our long-term business success as the leading Nutrition, Health and Wellness Company in Malaysia. These values will continue to underpin our strategy to achieve sustainable profitable growth,” he added.