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Nestlé Pakistan LTD.: Financial Results For The Quarter Ended March 31, 2020

The document is a letter from Nestlé Pakistan Ltd to the Pakistan Stock Exchange regarding the company's financial results for the quarter ending March 31, 2020. It announces that the Board of Directors met on April 30, 2020 to review the quarterly financials. It provides the company's sales, costs, profits, expenses, and earnings per share for the quarter being reported and the same quarter of the previous year.

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Umer Aftab
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45 views1 page

Nestlé Pakistan LTD.: Financial Results For The Quarter Ended March 31, 2020

The document is a letter from Nestlé Pakistan Ltd to the Pakistan Stock Exchange regarding the company's financial results for the quarter ending March 31, 2020. It announces that the Board of Directors met on April 30, 2020 to review the quarterly financials. It provides the company's sales, costs, profits, expenses, and earnings per share for the quarter being reported and the same quarter of the previous year.

Uploaded by

Umer Aftab
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Nestlé Pakistan Ltd.

308-Upper Mall,
P.O. Box: 874
LAHORE-PAKISTAN
TEL: (92-42) 111-637-853
FAX: (92-42) 35789303

Lahore: April 30, 2020


The General Manager
Pakistan Stock Exchange (Guarantee) Limited
Stock Exchange Building
Stock Exchange Road
Karachi - 74000

Dear Sir,

FINANCIAL RESULTS FOR THE QUARTER ENDED MARCH 31, 2020

We wish to inform you that the Board of Directors of Nestlé Pakistan Ltd., in their meeting held on
April 30, 2020 at 10:00 a.m. at 308-Upper Mall, Lahore announced following:

The financial results of the Company are as follows:


Quarter ended
(Rupees in thousand)
31-Mar-20 31-Mar-19

Sales-net 29,883,365 29,135,878


Cost of goods sold (21,043,197) (20,366,370)
Gross Profit 8,840,168 8,769,508
Distribution and selling expenses (3,570,348) (3,790,883)
Administration expenses (1,216,254) (951,537)
Operating profit 4,053,566 4,027,088
Finance cost (1,026,206) (727,333)
Other operating expenses (400,247) (237,708)
Other income 62,388 85,718
Profit before taxation 2,689,501 3,147,765
Taxation (750,559) (873,427)

Profit after taxation 1,938,942 2,274,338

Earnings per share (Rupees) 42.76 50.15

Nestlé Pakistan Ltd.

SYED SAIFUL ISLAM


Chief Financial Officer

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