Nestlé Lanka PLC has recorded a revenue of Rs 19 billion for the first six months of the year, posting a growth of 7.4% and a net profit of Rs 2.5 billion.
The company faced stiff cost challenges including adverse exchange rates, the impact of which was minimised through efficient cost optimisation across the value chain and strategic deployment of resources to key brands.
Nestlé Lanka Managing Director Shivani Hegde said“We have delivered steady results for the first six months of the year despite a very challenging business environment. With the launch of important product innovations and renovations, we aim to delight consumers with products that offer nutrition, health and wellness.
The company faced stiff cost challenges including adverse exchange rates, the impact of which was minimised through efficient cost optimisation across the value chain and strategic deployment of resources to key brands.
Nestlé Lanka Managing Director Shivani Hegde said“We have delivered steady results for the first six months of the year despite a very challenging business environment. With the launch of important product innovations and renovations, we aim to delight consumers with products that offer nutrition, health and wellness.
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