Kuala Lumpur (ANTARA News/Asia Pulse) - Nestle (Malaysia) Berhad (KLSE:4707) has posted a 33.3 per cent jump in first quarter pre-tax profit despite the ongoing surge in the prices of major raw materials.

Its pre-tax profit rose to RM124.758 million (US$39 million) for the three months ended 31 March 2008 against RM93.625 million for the previous corresponding period.

The higher profit was struck on the back of a 9.9 per cent increase in revenue to RM927.688 million from RM844.450 million a year earlier, the leading food and beverage manufacturer said in a filing to Bursa Malaysia on April 23. Earnings per share climbed to 40.23 sen from 29.78 sen previously.

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