KARACHI: Nestle Pakistan Limited (NPL) saw a 23.4% increase in sales from Rs162.5 billion in 2022 to Rs200 billion in 2023. The profit-after-tax (PAT) increased slightly, nevertheless, from Rs15 billion to Rs16.5 billion.
The company claimed that despite a number of outside obstacles, the increase in sales was facilitated by investments in the brands and a focus on innovation, refurbishment, and product availability. Across the board, the product portfolio saw growth.
