Consumer firms defy economic headwinds
KARACHI: Amid rising food inflation and weakening purchasing power from higher fuel costs driven by Middle East tensions since the start of the US-Israel war on Iran on Feb 28, local and multinational consumer goods companies in Pakistan reported improved sales in the first nine months of 2026 and the first quarter of FY27. However, some companies remain cautious about their full-year 2026…
In Pakistan, consumer goods companies are defying economic headwinds amid rising food prices and fuel costs driven by Middle East tensions since the US-Israel conflict began on February 28, 2026. Local and multinational firms reported improved sales in the first nine months of 2026 and the first quarter of FY27. Nestlé Pakistan saw a 6.3% increase in net sales to Rs160bn, while FrieslandCampina Engro Pakistan reported a 10.1% rise to Rs88.4bn.
Unilever Pakistan's sales grew to Rs37.6bn, and Colgate-Palmolive Pakistan's sales jumped 25.53% to Rs52.7bn. Despite these gains, some companies remain cautious about their full-year 2026 outlook due to persistent inflationary pressures. Fauji Foods Limited logged its highest-ever nine-month revenue of Rs23.9bn, but profit after tax fell to Rs666m.
National Foods Limited also saw a rise in sales and profit. All these companies cited factors like higher prices, investment in brands, selective product innovation, and improved export channels as contributing to their growth, while also acknowledging the impact of inflation, supply chain risks, and tensions in the Middle East on their operations.
Written by urgent.news from Dawn's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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