Nestle Pakistan Limited Transmits Quarterly Report for the First Quarter of 2023

Karachi, Nestle Pakistan Limited has transmitted its quarterly report for the period ended March 31, 2023, which is now available on the company’s website. The report includes financial statements and other disclosures related to the performance of the company for the first quarter of the year.

Nestle Pakistan Limited has maintained its position as a leading food and beverage company in the country, with a net profit of PKR 4.5 billion for the first quarter of 2023. The company’s total revenue for the quarter was PKR 32.6 billion, which is a 9.2% increase compared to the same period last year.

The transmission of the quarterly report demonstrates Nestle Pakistan Limited’s commitment to transparency and accountability to its stakeholders. It provides valuable information to the company’s shareholders and investors, enabling them to make informed decisions about their investments.

Nestle Pakistan Limited’s shares are currently trading at PKR 8,550, with a market capitalization of PKR 324.8 billion as of May 4, 2023.