Nestle to Invest Rs 3.4 Billion to Grow Its Businesses
The management of Nestle Pakistan plans to invest Rs 3.4 billion in Pakistan in 2021 to grow its business and market. The company’s annual financial report says that about Rs 3.4 billion will be spent on investments in 2021, with a focus on making operations more stable and adding capacity to meet customer demand.
The report says that many cost-cutting programmes, optimization projects, and price management have helped us make more money.
Even though the COVID-19 pandemic was scary and caused businesses in many cities to shut down, the company’s net profits only went up by 2.5%.
Even though the pandemic was a one-of-a-kind event, the business was able to grow sales by 2.4% thanks to continuous product supply and availability, innovation and renovation programmes, increased distribution, and investments in the brand.
The sales growth of the FMCG Company showed how popular consumer goods are in Pakistan, especially when it comes to food and nutrition.
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