Nestle Pakistan Limited recorded better sales - a 3.4% sales growth - in the third quarter of 2019 as compared to same period last year despite the broader macro-economic challenges and high inflationary environment.
The growth in sales was a result of focused demand generation activities, introduction of new products and continuous investment behind brands. The results were announced upon the conclusion of the meeting of the Board of Directors on Oct 29, 2019.
The revenue of the company was recorded at PKR 87 billion for the nine months ended Sep 30, 2019, a decrease of 4.2% as compared to the same period last year.
Net profit for the...