Nestlé Lanka PLC Reports Earnings Results for the Full Year Ended December 31, 2022

Nestle Lanka PLC is a Sri Lanka-based company that is engaged in the food and beverage industry. The Company's principal activities include manufacturing, marketing, selling and distribution of food and beverage products, including export of locally manufactured products and re-export of such products. Its brands include Nangrow, Lactogrow Comfopro, Ceregrow, Nespray, Milo, Maggi, Nescafe, Milkmaid, Nestomalt, Breakfast cereals, KitKat, Nestle Professional and Nestle Health Science. The Company's Nangrow brand is a milk formula for 1- to 5-year-old children, enriched with vitamins and minerals with the BifidusBL probiotics. Its Lactogrow Comfopro brand is a milk formula for 1- to 5-year-old children, with lactobacillus reuteri probiotics. The Company's Milo brand is a chocolate malt beverage. Its KitKat brand is a crispy wafer fingers covered with creamy milk chocolate. Its Nestle Health Science is a portfolio of brands for special medical purposes and special dietetic uses.