Nestlé Pakistan reports operating profit of Rs16 bn

Lahore

Lahore: 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.

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