Nestle (Malaysia) Bhd's pre-tax profit for the fourth quarter ended Dec 31, 2010 fell to RM45 million from RM99.175 million in the same quarter of 2009.

However, revenue rose to RM963.893 million from RM950.632 million
previously. For the twelve-month period, it pre-tax profit increased to RM465.744 million from RM440.261 million while revenue soared to RM4.0 billion from RM3.7 billion, it said in a filing to Bursa Malaysia today.

Nestle said the better results in turnover was in line with the positive developments in both the local and global economies. -- Bernama