In 2021, Nestle Pakistan’s management plans to invest Rs.3.4 billion in Pakistan to expand its operations and market.
According to the company’s annual financial report, investments of about Rs.3.4 billion are expected for 2021, with an emphasis on operational stability and capacity increases to meet customer demand.
Our profitability has increased as a result of numerous cost-cutting programmes, optimization projects, and price management, as per the report.
Despite the uncertainties of the COVID-19 pandemic and the resulting lockdown of companies in various cities, the company’s net profits increased by just 2.5 percent.
Despite the pandemic’s unprecedented situation, the business achieved sales growth of 2.4 percent thanks to uninterrupted product supply and availability, innovation and renovation programs, numeric distribution expansion, and brand investments. The FMCG company’s sales growth reflected the high demand for consumer goods in Pakistan, especially in the areas of food and nutrition.
