To Press Releases listLahore,Oct 20, 2016
Nestlé Pakistan boosted its overall earnings by 27.8% for the nine months period ended September 30, 2016. The company witnessed an overall increase in its total revenue by almost PKR 7.2 billion.
Nestlé Pakistan’s operating profit increased by PKR 2.4 billion versus the same period last year to PKR 16.0 billion.
Additionally, its earnings per share have increased from PKR 169.41 per share in to PKR 216.47 per share. In the area of Sales, Nestlé Pakistan’s revenue stood at PKR 84.3 billion, 9.27% higher compared to same period last year. Export sales during the same period stood at PKR 3.6 billion.
The gross profit margin increased by 250 bps compared to same period last year.
About Nestlé Pakistan
Nestlé Pakistan is the leading Nutrition, Health and Wellness company in Pakistan; meeting and exceeding all the international standards in manufacturing of their products. Nestlé Pakistan believes in creating shared value for the communities in which it operates with the focus being on Nutrition, Water and Rural Development. Nestlé Pakistan works with thousands of farmers for collecting milk and engages in a number of rural development programs for community development.
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