Pakistan refineries report 1,860% jump in profit amid war windfall
Pakistani consumer goods firms have seen a boost in sales this year, despite rising food prices and decreased buying power due to fuel cost increases from the US-Israel war on Iran, according to reports. Companies like Nestlé Pakistan, FrieslandCampina Engro Pakistan, Unilever Pakistan Foods, Colgate-Palmolive Pakistan, and Fauji Foods Limited all announced increased profits and revenue in the first nine months of 2026.
However, some businesses remain cautious about their full-year 2026 forecasts due to ongoing inflationary pressures. Nestlé Pakistan's net sales grew 6.3% to Rs160bn from the same period last year. FrieslandCampina Engro Pakistan's revenue climbed 10.1% to Rs88.4bn. Unilever Pakistan Foods reported sales of Rs37.6bn, while Colgate-Palmolive Pakistan's sales rose 25.53% to Rs52.7bn.
Despite these positive trends, inflation, higher global commodity and energy prices, and tensions in the Middle East continue to pose challenges to consumer spending and supply chains.
Written by urgent.news from Dawn Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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