Latest news with #NestléMalaysia
New Straits Times
11 hours ago
- Business
- New Straits Times
Nestle Malaysia rolls out maiden state-level Halal@School initiative in Melaka
KUALA LUMPUR: Nestlé (M) Bhd has launched the first state-level rollout of its Halal@School programme in Melaka to promote greater understanding of halal values and healthy eating among young Malaysians. Held at Sekolah Kebangsaan Kerubong, the event gathered over 500 students from six participating schools for a series of engaging, hands-on activities focused on halal principles, food safety and balanced nutrition. Designed to make learning fun and accessible, the programme featured sharing sessions, quizzes and a specially curated Halal Explore Race, all aimed at helping students understand halal as a way of life rooted in integrity, well-being and respect for others. Launched in 2018 in partnership with the Institute of Fatwa and Halal (iFFAH) at Universiti Sains Islam Malaysia (USIM), Halal @ School is part of Nestlé Malaysia's broader commitment to uplifting local communities and spreading nutritional knowledge. Nestlé Malaysia head of halal affairs Nasrul Hadi Mohamed Nor said the programme engaged students in a practical, inclusive and meaningful way, fostering greater awareness of halal values while encouraging healthier lifestyle choices among the younger generation. "As Nestlé's global Halal Centre of Excellence, we see it as our responsibility to contribute not only through the high-quality products we produce, but also through meaningful engagement with the communities we serve," he said in a statement. The programme has steadily expanded, reaching more than 5,400 students across 166 schools nationwide since its inception. In 2024 alone, three Halal @ School series were held across 23 schools in Putrajaya, Johor and Kedah, engaging over 1,100 students. The expansion into Melaka represents the next chapter for the programme, as it scales beyond individual districts to a wider, state-level audience. Additional state-wide rollouts are planned for the East coast and Northern regions later in 2025. A hallmark of Halal@School this year is its inclusive approach, welcoming participation from both Muslim and non-Muslim students. By encouraging shared learning in a multicultural setting, the programme helps nurture understanding and empathy, while reinforcing core values of ethical consumption. SK Kerubong headmistress Rahayu Mohd Thith said the programme was met with great enthusiasm from the moment it was introduced, with many students eager to participate and parents expressing hopes for all their children to be involved. "Educating our students about halal practices and healthy eating goes far beyond religious understanding, it is about nurturing a way of life that supports physical well-being, mental clarity and moral values. "We believe that through this initiative, we are nurturing a generation of students who are not only smart and modern, but also responsible and mindful of what they consume," she said.
Yahoo
5 days ago
- Business
- Yahoo
Boasting A 71% Return On Equity, Is Nestlé (Malaysia) Berhad (KLSE:NESTLE) A Top Quality Stock?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. To keep the lesson grounded in practicality, we'll use ROE to better understand Nestlé (Malaysia) Berhad (KLSE:NESTLE). ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In short, ROE shows the profit each dollar generates with respect to its shareholder investments. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. The formula for ROE is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Nestlé (Malaysia) Berhad is: 71% = RM381m ÷ RM537m (Based on the trailing twelve months to March 2025). The 'return' is the income the business earned over the last year. That means that for every MYR1 worth of shareholders' equity, the company generated MYR0.71 in profit. View our latest analysis for Nestlé (Malaysia) Berhad By comparing a company's ROE with its industry average, we can get a quick measure of how good it is. However, this method is only useful as a rough check, because companies do differ quite a bit within the same industry classification. As you can see in the graphic below, Nestlé (Malaysia) Berhad has a higher ROE than the average (8.6%) in the Food industry. That's clearly a positive. With that said, a high ROE doesn't always indicate high profitability. Aside from changes in net income, a high ROE can also be the outcome of high debt relative to equity, which indicates risk. To know the 3 risks we have identified for Nestlé (Malaysia) Berhad visit our risks dashboard for free. Virtually all companies need money to invest in the business, to grow profits. The cash for investment can come from prior year profits (retained earnings), issuing new shares, or borrowing. In the first and second cases, the ROE will reflect this use of cash for investment in the business. In the latter case, the debt required for growth will boost returns, but will not impact the shareholders' equity. In this manner the use of debt will boost ROE, even though the core economics of the business stay the same. Nestlé (Malaysia) Berhad does use a high amount of debt to increase returns. It has a debt to equity ratio of 1.59. Its ROE is pretty impressive but, it would have probably been lower without the use of debt. Debt increases risk and reduces options for the company in the future, so you generally want to see some good returns from using it. Return on equity is one way we can compare its business quality of different companies. In our books, the highest quality companies have high return on equity, despite low debt. All else being equal, a higher ROE is better. Having said that, while ROE is a useful indicator of business quality, you'll have to look at a whole range of factors to determine the right price to buy a stock. Profit growth rates, versus the expectations reflected in the price of the stock, are a particularly important to consider. So you might want to take a peek at this data-rich interactive graph of forecasts for the company. If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Daily Express
04-06-2025
- Business
- Daily Express
Sabah's cocoa in KitKat
Published on: Wednesday, June 04, 2025 Published on: Wed, Jun 04, 2025 Text Size: Kota Kinabalu: Nestlé Malaysia is transforming Sabah's rich cocoa farming heritage into world-class confectionery products, with the company's latest innovation, KitKat® Dark Borneo, leading the charge in revitalising the State's cocoa industry. The single-origin chocolate, crafted exclusively from cocoa beans grown in Sabah and Sarawak, represents a significant milestone in bringing North Borneo's agricultural dedication to global markets. 'We are excited to transform the dedication of North Borneo's farmers into innovative products that bring joy to Malaysians and our consumers worldwide, just as we have with KitKat® Dark Borneo – now introduced in a special ice cream edition that celebrates Malaysia's cocoa heritage and promising future,' said Nestlé Malaysia Chief Executive Officer Juan Aranols. Crafted with 100 per cent responsibly sourced cocoa beans grown in the lush volcanic soil and tropical climate of Sabah and Sarawak, the KitKat® Dark Borneo is a single-origin chocolate that truly reflects Malaysia's rich heritage in cocoa craftsmanship. It delivers a perfectly balanced flavour, not too bitter, not too sweet, as a result of the careful fermentation and sun-drying methods used for the cocoa beans. KitKat® Dark Borneo has also been honoured with the NielsenIQ (NIQ) BASES Breakthrough Innovation Award 2024, a recognition that highlights both the success of the product and the growing appreciation for single-origin chocolate among consumers. The product represents more than just confectionery innovation, it embodies Nestlé's ambitious plan to source 10,000 metric tonnes of cocoa from local Malaysian farms by 2034. This initiative aims to revitalise Malaysia's cocoa farming industry, particularly benefiting communities in Sabah and Sarawak where ideal growing conditions exist. Through the Nestlé Borneo Cocoa Initiative launched in 2023, the company has partnered with the Malaysian Cocoa Board to expand its Farmer Connect program to East Malaysia. The initiative focuses on regenerative farming practices including agroforestry, intercropping, and soil health management to enhance yields while protecting natural ecosystems. The 52 per cent cocoa content chocolate is manufactured at Nestlé's Halal-certified Chembong Industrial Complex in Negeri Sembilan, one of Asia's largest confectionery and ice cream plants. The facility serves as a crucial export hub, supplying Halal KitKat® products to Asean markets and beyond while implementing significant sustainability measures, including biomass boilers powered by renewable energy sources. With Malaysia's cocoa processing sector generating RM15 billion in exports in 2024, primarily through imported beans, the KitKat® Dark Borneo initiative represents a strategic shift toward developing local cocoa production capabilities. The success of this single-origin chocolate, now expanded into an ice cream variant, demonstrates the potential for Malaysian cocoa to compete on the global stage while supporting local farming communities. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
The Star
29-05-2025
- Business
- The Star
Nestlé showcases cocoa innovation & sustainability at MICF 2025
Nestlé Malaysia chief executive officer Juan Aranols (right) and Ragai Anak Chabu, a cocoa farmer from Sarawak, showcasing the KitKat Dark Borneo chocolate and ice cream — both crafted using single-origin cocoa beans from East Malaysia. KUALA LUMPUR: Nestlé Malaysia took center stage at the Malaysian International Cocoa Fair (MICF) 2025, highlighting the distinct cocoa heritage of Sabah and Sarawak. The event was held at the Sabah International Convention Centre (SICC), bringing together industry leaders and cocoa enthusiasts from around the world. As a Platinum Sponsor, Nestlé emphasised its commitment to sustainable cocoa farming and product innovation. The spotlight was on KitKat Dark Borneo, a premium single-origin chocolate crafted exclusively from cocoa beans grown in Sabah and Sarawak, highlighting the unique flavours of Malaysian cocoa. In a statement, the food and beverage giant said it aimed to source 10,000 metric tonnes of cocoa from local Malaysian farms by 2034, in an effort to revitalise Malaysia's cocoa farming industry. Nestlé Malaysia's commitment to ethical sourcing, halal-certified production and long-term sustainability extends across its cocoa supply chain. KitKat Dark Borneo, developed under this partnership, reflects Malaysia's expertise in cocoa cultivation, crafted with locally grown beans that embody the country's deep-rooted traditions. Nestlé Malaysia chief executive officer Juan Aranols said that with exports reaching RM15bil in 2024, Malaysia's cocoa processing sector continues to expand, largely supported by imported cocoa beans. 'Local cocoa production, however, remains largely untapped, presenting significant opportunities – not only for industry growth but also for enhancing the livelihoods of farming communities, particularly in Sabah and Sarawak, where conditions are ideal for cultivating high-quality cocoa. 'Nestlé Malaysia is fully committed to working alongside local stakeholders to expand cocoa farming while upholding the highest standards of sustainability, traceability and human rights compliance. 'We are excited to transform the dedication of North Borneo's farmers into innovative products that bring joy to Malaysians and our consumers worldwide, just as we have with KitKat Dark Borneo – now introduced in a special ice cream edition that celebrates Malaysia's cocoa heritage and promising future,' Aranols said. All KitKat Dark products are proudly produced at Nestlé's Halal-certified Chembong Industrial Complex in Negeri Sembilan, one of the largest Nestlé confectionery and Ice Cream plants in Asia. This facility serves as a pivotal export manufacturing hub, supplying Halal KitKat products to Asean markets and other global destinations.
Borneo Post
26-05-2025
- Business
- Borneo Post
Nestlé bets on Sabah, Sarawak to boost local cocoa farming
Arnols (middle) showing the KitKat Dark Borneo chocolate and KitKat Dark ice cream with Nestle officers and a cocoa farmer from Sarikei, Sarawak (left). KOTA KINABALU (May 26): Nestlé Malaysia is looking to Sabah and Sarawak as key regions to revive the once-thriving Malaysian cocoa industry, with a bold plan to source at least 30 per cent of its cocoa needs locally by 2026. Nestlé Malaysia's Chief Executive Officer Juan Aranols who was met at the Malaysia International Cocoa Exhibition here today, described the company's growing investment in sustainable cocoa farming as a long-term commitment to rebuilding local supply chains and supporting smallholder farmers in East Malaysia. 'Malaysia was a big player in the cocoa industry 20 to 30 years ago. There is a big opportunity to regenerate that. At Nestlé, we are very committed,' he said. Aranols revealed that Nestlé has been working closely with the Malaysian Cocoa Board to promote sustainable agricultural practices and reintroduce cocoa farming to new generations of farmers, especially in rural Sabah and Sarawak. 'We want to grow about 30 per cent of our cocoa needs and have them supplied locally, especially with beans grown in Sabah and Sarawak,' he said. 'We're creating and sharing good practices, educating on sustainable farming, and adopting methods that will make cocoa farming a promising opportunity for Malaysian farmers and all the players along the supply chain,' he said. As part of this commitment, Nestlé has established the Nestlé Cocoa Club, which aims to engage at least 600 farmers by 2026. The initiative will include training, support for sustainable farming practices, and a guaranteed market for their produce. 'With all this, we really see that in the horizon, we can fulfil this ambition of growing at least 10,000 tonnes of cocoa to meet our needs for products made in Malaysia,' Aranols said. Currently, Malaysia plays a significant role in the global cocoa processing industry, with several major international companies operating cocoa grinding facilities in the country. However, most cocoa beans are still imported from other regions. 'Malaysia is a big producer of semi-finished cocoa products, but very little of that cocoa is actually grown here. This is a chance to change that and create a more sustainable, self-reliant system,' he pointed out. Aranols also supported the government's efforts to diversify crop production and improve food security in Malaysia, as highlighted by Minister of Plantation and Commodities Datuk Seri Johari Abdul Ghani. 'This is a big opportunity to diversify the crops that are grown in Malaysia, to improve the livelihoods of farmers, and to increase food security. We look forward to that happening and we will do our part,' he said. Aranols also unveiled KitKat Dark Borneo ice cream, a new product that showcases cocoa beans sourced entirely from Malaysian soil. It is also available as a chocolate bar and the products are part of Nestlé's effort to highlight the unique potential of Malaysian-grown cocoa. 'These are amazing Nestlé products, both KitKat dark chocolate ice cream and KitKat bars that Malaysians know and love. What's special is that instead of using cocoa beans imported from other parts of the world, all the cocoa used in these products comes from beans grown and farmed right here in Malaysia,' he said. The response from consumers has been overwhelmingly positive, with Aranols calling it 'one of the best-tasting KitKat products worldwide.' 'We're getting lots of requests for exports, but we don't have enough cocoa beans yet. That's why we want more locally grown cocoa to make more KitKat Dark Borneo, both in chocolate and ice cream,' he added. With local farmers, government agencies and industry players working together, Aranols believes that Malaysia's cocoa industry is poised for a strong comeback. 'We're here for the long run, this isn't just about making chocolate, it's about building something meaningful with Sabahans and Sarawakians,' he said.
