Nestle Pakistan : Financial Results for the Quarter Ended September 30, 2022
October 19, 2022 at 03:23 am EDT
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Lahore: October 19, 2022
The General Manager
Pakistan Stock Exchange (Guarantee) Limited
Stock Exchange Building
Stock Exchange Road
Karachi - 74000
Dear Sir,
FINANCIAL RESULTS FOR THE THIRD QUARTER AND NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2022
We wish to inform you that the Board of Directors of Nestlé Pakistan Ltd., in their meeting held on October 19, 2021 at 09:30 am, announced the following:
2nd Interim Cash Dividend: PKR 85 per share.
The financial results of the Company are as follows:
Nine month period ended
Three month period ended
Sep 30, 2022
Sep 30, 2021
Sep 30, 2022
Sep 30, 2021
--- (Pak Rupees in '000) ---
--- (Pak Rupees in '000) ---
Revenue from contracts with customers
120,978,497
100,358,753
40,535,899
34,553,907
Cost of goods sold
(83,156,416)
(70,431,714)
(28,877,137)
(24,220,692)
Gross profit
37,822,081
29,927,039
11,658,762
10,333,215
Distribution and selling expenses
(12,223,735)
(11,304,020)
(3,999,632)
(3,607,114)
Administration expenses
(4,012,643)
(2,933,868)
(1,668,550)
(941,823)
Operating profit
21,585,703
15,689,151
5,990,580
5,784,278
Finance cost
(1,816,993)
(1,421,054)
(578,065)
(421,662)
Other expenses
(1,830,326)
(1,722,727)
(331,783)
(761,982)
Other income
218,093
257,205
73,890
55,316
Profit before taxation
18,156,477
12,802,575
5,154,622
4,655,950
Taxation
(6,770,158)
(3,709,891)
(1,463,413)
(1,346,551)
Profit after taxation
11,386,319
9,092,684
3,691,209
3,309,400
Earnings per share basic and diluted
251.08
200.50
81.39
72.98
(Rupees)
Nestlé Pakistan Ltd.
KOMAL ALTAF
Chief Financial Officer
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Nestle Pakistan Ltd. published this content on 19 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 October 2022 07:22:02 UTC.
Nestle Pakistan Limited is a Pakistan-based food and beverage company. The Company is principally engaged in manufacturing, processing and sale of dairy, nutrition, beverages and food products, including imported products, such as dairy, confectionery, culinary, coffee, beverages, infant nutrition and drinking water. The Companyâs segments include Dairy and nutrition products, Powdered and liquid beverages, and Other products. Its dairy products include NESTLE MILKPAK, NESTLE MILKPAK CREAM, NESTLE MILKPAK DAIRY BUTTER, NESTLE SWEET ânâ TASTY YOGURT, NESTLE LABAN, NESTLE NESVITA and NESTLE EVERYDAY. Its children health and growth solutions include NESTLE NIDO School Age Nutrition, NESTLE BUNYAD and NESTLE MILO. Its beverages include NESTLE FRUITA VITALS and NESTLE NESFRUTA. Its coffee products include NESCAFE ORIGINAL, NESCAFE CHILLED ready-to- drink (RTD), NESCAFE ICE and NESCAFE GOLD. The Company offers drinking water under NESTLE PURE LIFE brand.
NESTLÉ PAKISTAN LIMITED 
