Aug 11

Unilever to Appeal Rs 60 Million Fine for Deceptive Advertising

Karachi, Pakistan – Unilever Pakistan has announced its decision to appeal a hefty Rs 60 million fine imposed by the Competition Commission of Pakistan (CCP). The fine, which stems from allegations of misleading advertising claims, specifically targets the marketing of Unilever’s Lifebuoy soap and hand wash products in Pakistan.

by Shahnawaz Akhter

Aug 10

CCP Slaps Rs60M Fine on Unilever Pakistan for Misleading Ads

KARACHI: August 10, 2024 — The Competition Commission of Pakistan (CCP) has imposed a substantial fine of PKR 60 million on Unilever Pakistan for broadcasting deceptive claims in television commercials for its hygiene and cleansing products, namely ‘Lifebuoy (Care and Protect) Soap’ and ‘Lifebuoy Hand Wash.’

by Shahnawaz Akhter

Unilever Pakistan Anticipates Challenges Ahead

Mar 26

Corporate, Trade & Industry

Unilever Pakistan Anticipates Challenges Ahead

Karachi, March 26, 2024 – Unilever Pakistan Foods Limited, in its latest report released on Tuesday, has underscored the daunting economic and operational hurdles expected in the near term.

by Shahnawaz Akhter

Unilever Pakistan Reports Record Profit of Rs 9.74 Billion for CY23

Mar 5

Corporate, Pakistan, Trade & Industry

Unilever Pakistan Reports Record Profit of Rs 9.74 Billion for CY23

Karachi, March 5, 2024 – Unilever Pakistan Foods Limited has announced a significant surge in its profit after tax (PAT), reaching an impressive Rs 9.74 billion for the calendar year ending December 31, 2023.

by Shahnawaz Akhter

ABHI and Unilever Partner for Employee Financial Empowerment

Dec 4

Corporate

ABHI and Unilever Partner for Employee Financial Empowerment

Karachi, December 4, 2023 – ABHI, an embedded finance platform, has partnered with Unilever Pakistan, a global FMCG company present in 190 countries, to introduce AbhiSalary – an Earned Wage Access (EWA) solution.

by Hamza Shahnawaz

Unilever Pakistan Records 55.30% Profit Growth in 9MCY23 Amid Economic Challenges

Oct 24

Corporate, Trade & Industry

Unilever Pakistan Records 55.30% Profit Growth in 9MCY23 Amid Economic Challenges

Karachi, October 24, 2023 – Unilever Pakistan Foods Limited has reported a remarkable 55.30% surge in profits for the first nine months of the calendar year 2023.

by Shahnawaz Akhter

Unilever Pakistan achieves 87% profit growth despite economic challenges

May 3

Corporate, Trade & Industry

Unilever Pakistan achieves 87% profit growth despite economic challenges

Unilever Pakistan Foods Limited has achieved a remarkable 87% increase in profit after tax for the quarter ending in March 2023, despite challenging economic conditions.

by Hamza Shahnawaz

Unilever Pakistan forecasts erosion in consumer purchasing power

Oct 24

Corporate, National

Unilever Pakistan forecasts erosion in consumer purchasing power

KARACHI: Unilever Pakistan Foods Limited – fast-moving consumer goods company – on Monday said that high inflation to erode purchasing power of consumers. While presenting financial results for nine months period ended September 30, 2022, the company said Pakistan’s economic and operating environment remains challenging as the country continues to grapple with sustained double-digit inflation, […]

by Faisal Shahnawaz

Unilever Pakistan declares 38% growth in profit for 1HCY22

Aug 27

Corporate

Unilever Pakistan declares 38% growth in profit for 1HCY22

KARACHI: Unilever Pakistan Foods Limited has declared 38 per cent growth in the net profit for the half year ended June 30, 2022. The company declared 38 per cent growth in profit before income tax at Rs3.34 billion for the half year ended on June 30, 2022 as compared with Rs2.42 billion in the same […]

by Faisal Shahnawaz

Unilever Pakistan declares 55% growth in quarterly profit

Oct 25

Corporate, Stock & Commodity, Top stories

Unilever Pakistan declares 55% growth in quarterly profit

KARACHI: Unilever Pakistan Foods Limited on Monday announced a sharp growth of 55 per cent in net profit for the quarter ended September 30, 2021. The company made a profit of Rs1.19 billion for the quarter July – September 2021 as compared with Rs767 million in the same quarter of the last year. The company […]

by Faisal Shahnawaz