Quice Foods Reports 21% Revenue Growth Amid Cost Management Success

Karachi: Quice Foods Ltd. recently held an analyst briefing to discuss its fiscal year 2025 financial performance and the company’s future outlook. The briefing highlighted significant developments, including a notable revenue increase and improved gross margins, despite reporting a net loss.

Quice Foods reported a revenue of PkR1.1 billion for FY25, marking a 21% increase from PkR0.9 billion in the previous fiscal year. This growth was attributed to a 74% rise in local sales, driven by new plant inductions and strong brand performance.

Gross margins improved to 17% in FY25, up from 14% in the previous year. The company credited this improvement to a rebound in domestic revenue and effective direct cost control measures.

Despite these gains, Quice Foods reported a loss of PkR11.7 million (LPS: PkR0.12) for FY25. This is a significant reduction from the PkR27.13 million loss (LPS: PkR0.28) recorded in the same period last year, reflecting a 57% year-on-year decline. The company attributed this improvement to cost management initiatives implemented across its value chain.

The briefing provided a comprehensive overview of Quice Foods’ financial health and strategic direction, offering insights into the company’s efforts to strengthen its market position through operational efficiencies and brand development.

Check Also

Ahsan Iqbal Celebrates US-Iran Peace Agreement as Diplomatic Triumph

Islamabad: Minister for Planning and Development Ahsan Iqbal has warmly welcomed the historic peace agreement between the United States and Iran, terming it a major victory for diplomacy, dialogue, and wisdom over conflict and confrontation. In a post...