As we emerge stronger in the aftermath of the pandemic, it gives me great pride to celebrate the achievements of our winning team in Nepal. We had a year of accelerated growth, and for the first time ever we were awarded “Bottler of the year 2022.” In addition, we were nominated to complete with 8 other Bottling operations around the world for the prestigious Candler Cup. The Candler Cup competition brings together the nine top performing bottlers from around the world, and we were honored to be among this group.

Since 2023, while the Nepal economy has showed signs of slowing down, I am also immensely proud of our energetic and motivated team, who rallied despite the challenges to continue to recruit, expand our reach, and serve our customers better. As a team, we have also fostered digital transformation levers to drive significant results for the business, but also enabled us to continue to ensure the wellbeing of our employees, and our partners across our value chain.

We have gone above and beyond in our commitment to sustainability, and became the first country in South West Asia to cross 100% in collecting the equipment amount of PET that we produce. We continue to lead by example in water replenishment and continue to focus on urban water recharge, support water conservation, and provide access to safe drinking water to students in government schools.

This has been a special year for us as we have delivered on our topline and bottom line, through collaboration and cross-functional excellence, and we commit to continuing to refresh Nepal and make a difference in the days to come.