Nestle, one of the largest global producers of food products, has released the financial statements of its subsidiary, Nestle Georgia.
Nestle Georgia is a wholesaler of Nestle products in the country. During 2018 the total revenue of the company was 51,103,724 GEL.
According to the profit and loss statement, the revenue was 2,759,230 higher GEL comparing to 2017. In 2018, Nestlé Georgia's net profit totaled 2,829,012 GEL.
The Swiss giant's total revenue in 2018 was 94 billion USD, with the Georgian market accounting for only 0.02% of Nestle's total revenue.
Nestle owns brands such as KitKat, Nescafe, Nespresso, Nesquik and more. The company operates in 189 countries worldwide; the number of employees exceeds 330,000.
