Because consumers continue to purchase Horlicks, a health drink that is not on the essential food list, despite the pressure of rising commodity prices, Unilever Consumer Care Limited has been able to weather the inflation storm. The product is currently sold by Unilever Consumer Care Limited, a division of Unilever that acquired Horlicks from GSK.
Unilever claims that people consume Horlicks as part of their diet to satisfy their nutritional requirements. Horlicks sales did not decrease as a result of the inflationary pressure. Sales of its mini packs have received special attention. The cost of its smaller packets has not increased despite the rise in production costs, but the cost of its larger packets has, by about 5%. The revenue for the July-September quarter of Unilever Consumer Care decreased by just 5% to Tk107.74 crore. Nevertheless, the company’s profit increased by 15% to Tk18.72 crore despite the rise in production costs. Additionally, its profit increased by 40% to Tk54 crore in the first nine months of 2022, while revenue increased by 1% to Tk319 crore.
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