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Unilever Pakistan's First Quarter 2012 Profits Rose Despite Hard Market Conditions

April 21, 2012: 03:14 AM EST
Unilever Pakistan's net profit rose to Rs1.04 billion in the first quarter of 2012 from Rs899 million in the same period in 2011. Although burdened with difficult economic conditions and severe energy shortages, Unilever Pakistan was able to beat the forecasts of analysts, who predicted that profits would suffer. The company improved its gross margins by cost-cutting measures and appropriately timed price adjustments.
Our Correspondent, "Unilever profits grow 16% despite tough times", The Express tribune (Pakistan), April 21, 2012, © The Express Tribune News Network
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