Bottlers Nepal (Balaju), the producer of Coca-Cola products in Nepal, reported a significant 281.20% increase in net profit for the first quarter, reaching Rs322 million. The company attributed this substantial growth to enhanced productivity and cost-efficiency measures. This performance comes in contrast to other multinational corporations in the region facing challenges. Despite the impressive profit jump, the company acknowledged ongoing difficulties. These include rising operational costs, the high expense of rural distribution, and a broader economic slowdown influenced by external factors. The report did not contain information regarding the market reaction to this announcement for the parent company, KO.
Coca-Cola's Bottler in Nepal Reports 281% Surge in Q1 Net Profit
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