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FrieslandCampina significantly increases profits in Pakistan
FrieslandCampina Engro has presented a strongly improved result for the first quarter of 2025. Profit increased by...
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Revenue for the first quarter of 2025 amounted to 26,015 billion rupees, more than 1,46 billion lower than in the first quarter of 2025. At current exchange rates, this means revenue in the first quarter of this year was worth the equivalent of €81 million, compared to €86 million in the first quarter of 2024.
However, net profit rose from Rs 665 million (€2,08 million) to Rs 1,085 billion (€3,4 million). This was mainly due to a significant reduction in production and logistics costs. The exchange rate of the rupee remained relatively stable in the meantime.
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On the Karachi stock exchange, the share price of FrieslandCampina Engro rose to a peak of over 100 rupees last week. That was before the publication of the quarterly figures. Since then, the share price has fallen by about 10%, but it is still considerably higher than last year around the same time.