The lockdowns devastated consumer spending, but food and pharmaceutical companies remain resilient
Pakistan consumer companies, a handy catch-all term, is a bit of a misnomer. The trajectory of a company’s revenue and profitability depends entirely on...
Despite a thriving pharma industry, Pakistan does not manufacture any condoms
The market for contraceptives is massive in Pakistan. Despite this, nearly all of the options available to people are imported.
Can Tapal’s new boss lady defy the odds & retain market leadership?
“You can keep wealth in the family only for three generations,” asserts an ancient Chinese proverb. Similar aphorisms exist elsewhere. “From the cowshed to...
Companies like Engro follow regulations. So why then do some investors still get shortchanged?
There are many issues with companies buying back their own shares. This one change in regulations can fix at least one of those.
Nestlé Pakistan announces Rs3.38bn profit after tax, down 17.3pc YoY
LAHORE: Nestlé Pakistan Limited in a notification to Pakistan Stock Exchange (PSX) on Monday, released its financial results for the period ended March 31,...
Murree Brewery negotiating worldwide distribution deal with Czech brewery
LAHORE: Faced with strict regulations regarding consumption of alcohol in the country, Murree Brewery is looking to venture into freer liquor markets abroad by negotiating...
A major multinational has been fined Rs 6 crore for deceptive marketing of their soap. They aren’t the only ones
Unilever Pakistan has been fined for deceptive marketing of its product Lifebuoy. This makes them the third FMCG charged with deceptive marketing in the antibacterial soaps segment
How Butterfly stayed in business and beat back P&G’s Always
In 2018, Always was the premier feminine hygiene product in Pakistan’s retail market. In only a few years, Butterfly has taken away a chunk of their market share. What happens next?
Pakistan General Cosmetics Authority bill approved to regulate cosmetics industry
Global cosmetic market currently valued at $341b
Coca-Cola, US State Department to use blockchain to combat forced labour
NEW YORK: Coca-Cola and the United States (US) State Department along with two other companies said on Friday they are launching a project using...
Is Coffee Pakistan’s cup of tea?
Tea is part of the country’s cultural fabric: but are young people’s preferences changing that?
FIA starts inquiry into monopoly, irregularities in food ministry’s department
ISLAMABAD: The Federal Investigative Agency (FIA) has launched an investigation into the alleged irregularities and monopoly of private firms in the Department of Plant...
Consumer sector profits dip 26pc in 2019
LAHORE: The profitability of Pakistan’s consumer sector- staples, pharmaceuticals and discretionaries- witnessed a decline of 26pc year-on-year in 2019, led by consumer discretionaries, where...
Unilever third-quarter sales growth picks up with pricing
The company said pricing growth in Argentina was excluded, due to its hyperinflationary status. Including Argentina, sales growth would have been 4.5 percent, the company said
Essential medications unaffordable as pharma companies raise costs
As per DRAP’s earlier notification, pharmaceutical companies have hiked the price on essential medicines
