Nestle Pakistan : Financial Results for the Quarter Ended on March 31, 2023
April 27, 2023 at 04:08 am EDT
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Lahore: April 27, 2023
The General Manager
Pakistan Stock Exchange (Guarantee) Limited
Stock Exchange Building
Stock Exchange Road
Karachi - 74000
Dear Sir,
FINANCIAL RESULTS FOR THE 1ST QUARTER ENDED MARCH 31, 2023
We wish to inform you that the Board of Directors of Nestlé Pakistan Ltd., in their meeting held on April 27, 2023 at 10:30 am, announced the following:
The financial results of the Company are as follows:
Mar 31, 2023
Mar 31, 2022
--- (Pak Rupees in '000) ---
Revenue from contracts with customers
49,591,628
37,781,422
Cost of goods sold
(33,000,259)
(25,116,153)
Gross profit
16,591,369
12,665,269
Distribution and selling expenses
(4,210,485)
(3,875,710)
Administration expenses
(1,508,931)
(1,290,444)
Operating profit
Finance cost
(613,283)
(598,595)
Other expenses
(2,050,099)
(624,446)
Other income
87,649
26,925
Profit before taxation
8,296,220
6,302,999
Taxation
(2,634,331)
(1,850,644)
Profit after taxation
5,661,889
4,452,355
Earnings per share basic and diluted
124.85
98.18
(Rupees)
Nestlé Pakistan Ltd.
KOMAL ALTAF
Chief Financial Officer
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Nestle Pakistan Ltd. published this content on 27 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2023 08:07:02 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 
