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KARACHI: Although foreign food giants operating in Pakistan maintained a cautious outlook for the current year in view of the ongoing US-Iran war since Feb 28, their sales during the first six months of 2026 remained relatively strong despite a decline in profit after tax (PAT).
In their financial statements, the companies appeared concerned over shipment delays and fuel prices, which may continue to keep input costs under pressure.
Net sales of Nestle Pakistan Limited (NPL) for the six-month period ending June 30, amounted to Rs107 billion, up 5.7 per cent year-on-year (YoY). PAT, however, plunged 4.3pc to Rs9.9bn from Rs10.4bn during the same period.
Despite sharp increases in fuel and energy prices driven by the US-Iran war, the company successfully sustained business momentum through increased investment behind its brands, consumer-centric innovations and renovations (I&R), focused marketplace execution, strengthened route-to-market for exports and disciplined pricing, where necessary.
