Pakistan Engineering Co. Ltd.
PPSX:PECO749.15
PKR
+6.91
(+0.93%)
ISIN
PK0002101019
Return %
Stock
S&P 500
1Y
62.94
14.20
3Y
127.02
81.12
5Y
97.14
68.34
Capital Structure
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Abdul Shabbir Khan Khattak
- Full Time Employees
- 20
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- Lahore Pakistan
- IPO Date
- May 26, 1994
- Website
- peco.com.pk
- Similar Companies
- Business
- Pakistan Engineering Company Limited is a Pakistan-based engineering and industrial manufacturing enterprise engaged in the production, fabrication, and marketing of light and heavy engineering goods for power transmission, telecommunications, agriculture, and infrastructure sectors. Founded in 1950 and operating under the administrative oversight of the Ministry of Industries and Production, the company is headquartered in Lahore, Pakistan. The company manufactures and supplies a diversified portfolio of industrial products and engineering services categorized into: electricity transmission line towers, distribution towers, and telecommunication lattice towers; grid station gantries and substation structural frameworks; industrial electric motors, including single-phase and three-phase squirrel-cage induction motors; agricultural and industrial water pumps, including deep-well turbine pumps, horizontal centrifugal pumps, and non-clogging drainage pumping systems; machine tools and fabrication machinery, including precision lathes, shaping machines, and milling machines; rolled steel products, comprising structural angle iron, channels, and deformed reinforcement steel bars; gray and ductile iron foundry castings; and hot-dip galvanizing services for corrosion-resistant steel structures. Pakistan Engineering Company Limited primarily serves public utility providers, state power distribution companies, telecommunication operators, municipal corporations, agricultural enterprises, and industrial contractors across Pakistan. In recent developments, the company is undergoing strategic reorganization and asset rationalization under the direction of the Government of Pakistan and the Privatisation Commission, which has included initiatives for debt settlement, resolution of legacy financial liabilities, and the proposed divestment or privatization of state-owned equity. Concurrently, the company has undertaken administrative restructuring of its board of directors, management reorganizations to address operational suspensions and manufacturing facility consolidations, and strategic evaluations concerning the commercial utilization or liquidation of non-core real estate assets in Lahore to settle outstanding institutional obligations and advance corporate revival frameworks.