Pak Leather Crafts Limited
PPSX:PAKL49.87
PKR
+2.63
(+5.57%)
ISIN
PK0048201013
Return %
Stock
S&P 500
1Y
29.06
14.20
3Y
134.90
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Company Description
- Sector
- Consumer non-durables
- Industry
- Apparel/Footwear
- Address
- Karachi Pakistan
- IPO Date
- Mar 5, 1991
- Website
- pakleather.com
- Similar Companies
- Business
- Pak Leather Crafts Limited is a Pakistan-based manufacturing enterprise engaged in the tanning, processing, and merchandising of finished leather, leather garments, and related apparel. Incorporated in 1987 and headquartered in Karachi, Pakistan, the company operates within the consumer discretionary and textile manufacturing sectors. Pak Leather Crafts Limited produces a systematic range of leather products, including finished and semi-finished leather derived from cow, goat, and sheep skins; leather outerwear and fashion garments, such as jackets, coats, trousers, and vests; specialized motorcycle apparel and protective leather gear; industrial leather safety wear; and custom leather accessories. The company supplies its merchandise across international export markets in Europe, North America, and Asia, as well as domestic commercial channels in Pakistan. In recent developments, Pak Leather Crafts Limited has engaged in operational and financial restructuring initiatives aimed at stabilizing business performance and addressing working capital challenges. Following periods of manufacturing disruptions and regulatory placement on the Pakistan Stock Exchange (PSX) non-compliant counter, the board and management have pursued corporate revival strategies, focusing on debt rationalization, asset optimization, evaluating toll manufacturing arrangements, and satisfying listing requirements to support business continuity.