21.06.2024, 02:37
Nxun Covid-19 Shehbaz again excuses himself from NAB hearing
KARACHI:Nestle Pakistan s profits increased by a fifth on the back of higher margins that helped the company absorb higher distribution and selling expenses and disregard sluggish growth in its revenues during the six-month period of 2013.On Tuesday, the Pakistani subsidiary of the world s largest food and consumer goods company reported a net profit of adidas yeezys Rs3.5 billion for the first half of 2013, up 20% compared wi airmax th Rs2.9 billion it earned during the corresponding period of the previous year.However, the company s revenues, for the period under review, increased only 3% to Rs42.4 billion in comparison with Rs41.1 bil yeezys 350 lion it grossed in the corresponding period of last year. Even a small growth in revenues of a company as large as Nestle Pakistan is a positive sign, but it certainly indicates sluggish growth for a company that saw its revenues shoot up 22% in 2012.There is a slowdown across the FMCG sector while the law and order situation, especially in Karachi, is also hurting the secto ISLAMABAD
akistan has received $2.8 billion from international creditors against the $11 billion pledges made in the Geneva Conference for the flood-affected population so far, and nb it could spend only half of the received amount on the flood victims, with the remaining going for budget financing.Almost half of the total disbursements of $2.8 billion were on account of non-flood-related new balance damen loans, mainly given in the shape of oil financing and budgetary support. The Ministry of Economic Affairs has termed the $2.8 billion disbursement a significant achievement, as 20% releases were made so far against over $8 billion commitments for various projects.Read: lsquo;Children suffered most in 2022 floods rsquo;On Tuesday, Pakistan apprised the international donors rsquo; community that it has received $2.8 billion so far against the $11 billion pledges made about one-and-a-half years ago.Minister for Eco all stars nomic Affairs Ahad Khan Cheema shared the numbers during the 4th meeting of the International
KARACHI:Nestle Pakistan s profits increased by a fifth on the back of higher margins that helped the company absorb higher distribution and selling expenses and disregard sluggish growth in its revenues during the six-month period of 2013.On Tuesday, the Pakistani subsidiary of the world s largest food and consumer goods company reported a net profit of adidas yeezys Rs3.5 billion for the first half of 2013, up 20% compared wi airmax th Rs2.9 billion it earned during the corresponding period of the previous year.However, the company s revenues, for the period under review, increased only 3% to Rs42.4 billion in comparison with Rs41.1 bil yeezys 350 lion it grossed in the corresponding period of last year. Even a small growth in revenues of a company as large as Nestle Pakistan is a positive sign, but it certainly indicates sluggish growth for a company that saw its revenues shoot up 22% in 2012.There is a slowdown across the FMCG sector while the law and order situation, especially in Karachi, is also hurting the secto ISLAMABAD
akistan has received $2.8 billion from international creditors against the $11 billion pledges made in the Geneva Conference for the flood-affected population so far, and nb it could spend only half of the received amount on the flood victims, with the remaining going for budget financing.Almost half of the total disbursements of $2.8 billion were on account of non-flood-related new balance damen loans, mainly given in the shape of oil financing and budgetary support. The Ministry of Economic Affairs has termed the $2.8 billion disbursement a significant achievement, as 20% releases were made so far against over $8 billion commitments for various projects.Read: lsquo;Children suffered most in 2022 floods rsquo;On Tuesday, Pakistan apprised the international donors rsquo; community that it has received $2.8 billion so far against the $11 billion pledges made about one-and-a-half years ago.Minister for Eco all stars nomic Affairs Ahad Khan Cheema shared the numbers during the 4th meeting of the International