Bata Pakistan posts profit and production increases, despite challenges

14/04/2014
The Pakistan division of footwear brand Bata achieved record production, sales and profitability in 2013, its full-year results show.

Its production facilities at Batapur and Maraka, near Lahore, produced a combined total of 12.8 million pairs of shoes in 2013, compared to 11.8 million in 2012, an increase of almost 8.5%. Turnover increased by 11% to reach $130 million, and profits after tax went up by more than 20% to $12.6 million.

The company said it was particularly pleased to have achieved this level of growth because it had come despite power outages, social problems and unfavourable currency rates.