Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය

Latest topics

» coco.x share
by lakmal87 Yesterday at 10:45 pm

» නොමිළේම ඩොලර් (free $ 5 ) tokens
by cseguide Yesterday at 7:58 pm

» For Miss Sangeetha
by Neluka Karannagoda Yesterday at 12:59 pm

» S&P upgrades DFCC Bank’s rating outlook from Negative to Stable
by TraderCSE Yesterday at 9:23 am

» CFVF will HIT. 40 BY Next. Thursday
by Yahapalanaya Thu Dec 14, 2017 10:50 pm

» Moody’s affirms ratings of three Sri Lankan banks; maintains negative outlook
by Miss-Sangeetha Thu Dec 14, 2017 8:39 pm

» Tea prices up and up.Plantation shares down and down!
by fortuneteller Thu Dec 14, 2017 3:04 pm

» best stocks to buy now
by Ryan Hudson Wed Dec 13, 2017 9:23 pm

» Current situation of the Adam group of companies
by anges Wed Dec 13, 2017 5:36 pm

» Avoid investing in Abans Group company shares
by fortuneteller Wed Dec 13, 2017 9:11 am

» People's Leasing Company
by prasa2004 Tue Dec 12, 2017 6:51 pm

» SDB - AN IMPRESSIVE PERFORMANCE
by prasa2004 Tue Dec 12, 2017 5:43 pm

» Beware of banking stocks
by prasa2004 Tue Dec 12, 2017 5:40 pm

» CEYLON COLD STORES PLC(CCS.N0000)
by Agape Tue Dec 12, 2017 2:49 pm

» Lanka Cement
by sureshot Tue Dec 12, 2017 11:09 am

» Roshan Egodage's Money Grabbing
by Investor1994 Mon Dec 11, 2017 7:10 pm

» CIFL ANY NEWS
by Gambino7 Mon Dec 11, 2017 12:13 pm

» CFT share එක මොනව හරි දෙයක් වෙනව වාගෙ.
by sameboy Sun Dec 10, 2017 6:43 pm

» BFN .. ORIENT FINANCE PLC
by Teller Fri Dec 08, 2017 10:52 pm

» Sri Lanka Exports up 12.9-pct in Sept
by Teller Fri Dec 08, 2017 10:38 am

» DECEMBER DISCOUNT
by Teller Fri Dec 08, 2017 10:30 am

» LLMP - New Strategic Marketing >>> Boooom
by Teller Fri Dec 08, 2017 10:27 am

» Why LLUB.N0000 going down ?
by Teller Fri Dec 08, 2017 10:20 am

» LDEV rights
by Teller Fri Dec 08, 2017 10:16 am

» SAMP Rights Issue
by niru Thu Dec 07, 2017 8:04 pm

HashFlare

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market News » Nestlé Lanka announces ‘stable growth’ of 8.6% for Jan - Sept 2015

Nestlé Lanka announces ‘stable growth’ of 8.6% for Jan - Sept 2015

View previous topic View next topic Go down  Message [Page 1 of 1]

peacockman


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Nestlé Lanka PLC, a leading Nutrition, Health and Wellness Company in Sri Lanka, posted revenue of LKR 27.1 billion for the nine months period ending 30 September 2015 recording a growth of 8.6% vs previous year. The company reported a net profit of LKR 3.5 billion, a growth of 9.8% for the same period.


For Q3 2015, the company delivered revenue of LKR 8.8 billion and net profit of LKR 1.0 billion, indicating steady performance and enhanced investment behind its brands.


The third quarter of the year saw Nestlé Lanka reaffirm its position as a leading company in Sri Lanka, and was ranked amongst the top 15 business entities in Sri Lanka by the ‘Business Today TOP 25’, based on its financial performance during 2014-2015.

"The steady performance delivered by our company in the first 9 months of 2015, is a result of the trust our consumers repose on the quality and safety of our products. We once again reaffirmed our position as a leading and respected company, committed to enhancing the quality of life of the people of Sri Lanka, through our strong brands and rural development initiatives," said Shivani Hegde, Managing Director of Nestlé Lanka PLC.

As a leading Nutrition, Health and Wellness provider, Nestlé Lanka continued its focus on encouraging physical activity and an active lifestyle, and offering specialized milk-based nutrition for different stages of life. Products like Milo ready to drink, Nestomalt malted food drink, Nespray growing up milks, and the recently launched Nespray Nutri Up ready to drink, promote the goodness of locally procured Sri Lankan milk fortified with nutrients like Iron and Vitamins, leveraging Nestlé’s global expertise in nutrition. This was supported with the company’s continued commitment towards developing the Dairy Industry, as the largest private sector collector of local fresh milk in Sri Lanka.

The company also rolled out a large multi-brand wellness initiative, ‘Choose Wellness Choose Nestlé’, offering consumers a range of wellness solutions to promote a healthy and balanced lifestyle. The campaign also incorporates the Nestlé ‘Choose Wellness’ van that is travelling island-wide, providing free nutrition counselling and health checks to consumers. (Nestlé Lanka)



LINK: www.island.lk

View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum