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Nestle Pakistan Limited’s financial results for the first quarter ended March 31, 2013

Karachi, April 19, 2013 (PPI-OT): We have to inform you that the Board of Directors of our Company, in their meeting held on April 19, 2013 at 10:00 a.m. at 308-Upper Mall, Lahore recommended the following:

1. Cash Dividend:  Nil

2. The financial results of the Company are as follows:

Three months ended

(Rupees in thousand)

31-Mar-13

31-Mar-12

Sales-net

20,427,003

20,193,681

Cost of goods sold

(13,967,698)

(14,690,167)

———-

———-

Gross Profit

6,459,305

5,503,514

Distribution and selling expenses

(2,620,354)

(2,064,463)

Administration expenses

(490,578)

(465,397)

———-

———-

Operating profit

3,348,373

2,973,654

Finance profit

(412,744)

(429,980)

Other operating expenses

(394,625)

(304,407)

Other operating income

49,721

37,949

———-

———-

Profit before taxation

2,590,725

2,227,216

Provision for taxation

(698,614)

(612,588)

———-

———-

Profit after taxation

1,892,111

1,664,628

———-

———-

Earnings per share (Rs)

41.72

36.71

We shall be sending you 300 copies of printed Accounts for distribution amongst the members of the Exchange.

For more information, contact:
Giuseppe Bananno
Head of Finance and Control
Nestle Pakistan Limited
308-Upper Mall, P. O. Box: 874
Lahore-Pakistan, 74200 Pakistan
Tel: (92-42) 111-637-853
Fax: (92-21)35789303

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