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Nestle Pakistan reports operating profit.

KARACHI -- Nestle Pakistan boosted its overall earnings by 27.8% for the nine months period ended September 30, 2016.

A statement on Thursday said that the company witnessed an overall increase in its total revenue by almost PKR 7.2 billion.

It said that company's operating profit increased by PKR 2.4 billion versus the same period last year to PKR 16.0 billion.

Additionally, its earnings per share have increased from PKR 169.41 per share in to PKR 216.47 per share.

In the area of Sales, Nestle Pakistan's revenue stood at PKR 84.3 billion, 9.27% higher compared to same period last year.

Export sales during the same period stood at PKR 3.6 billion.

The gross profit margin increased by 250 bps compared to same period last year.

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Publication:Balochistan Times (Baluchistan Province, Pakistan)
Article Type:Financial report
Geographic Code:9PAKI
Date:Oct 21, 2016
Words:175
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