<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Higher inflation affected revenue and profitability of
Pakistan’s listed food sector as revenue grew by meager 2% while net earnings
of the sector plunged by 24%YoY during 4QFY24 versus same period last year.
Examining the data closely, it seems that higher inflation affected consumer
purchasing power resulting into weak demand for food and personal care
products. This can be gauged by the fact that while average inflation during
4QFY24 remained higher at 14%YoY, revenue of food & personal care sector
increased by meager 2%. This means that while producers were unable to pass on
cost pressures, sales volumes also remained on the lower side.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;...
