Packages Limited
PPSX:PKGS680.51
PKR
-6.04
(-0.88%)
ISIN
PK0010001011
Return %
Stock
S&P 500
1Y
-7.11
14.20
3Y
59.75
81.12
5Y
45.72
68.34
Capital Structure
FRC
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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
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Syed Hyder Ali
- Full Time Employees
- 4,665
- Sector
- Process industries
- Industry
- Pulp & paper
- Address
- Lahore Pakistan
- IPO Date
- Apr 15, 1971
- Similar Companies
- Business
- Packages Limited is a diversified conglomerate and investment holding company primarily engaged in the manufacture and conversion of packaging materials, consumer paper products, printing inks, industrial films, and starch derivatives, as well as commercial real estate development and management. The company provides a comprehensive portfolio of products and services, including offset printed folding cartons, rigid boxes, and consumer retail packaging; multilayer flexible packaging laminates, barrier films, and pouches for food, beverage, personal care, and pharmaceutical applications; corrugated shipping containers, master cartons, and transit packaging for industrial logistics; consumer tissue and hygiene products, such as facial tissues, toilet rolls, kitchen towels, napkins, and wet wipes marketed under the flagship Rose Petal brand; printing inks, adhesives, and graphic coatings for flexographic, gravure, and offset printing through its joint venture DIC Pakistan Limited; biaxially oriented polypropylene (BOPP) and cast polypropylene (CPP) packaging films through its subsidiary Tri-Pack Films Limited; and industrial corn starches, liquid glucose, refined corn oil, and gluten meal for the textile, confectionery, and paper industries. In addition, the company engages in commercial real estate operations, managing and leasing retail space at the Packages Mall in Lahore, alongside holding strategic equity investments in insurance, financial services, and pharmaceutical manufacturing. Founded in 1956 as a joint venture between the Ali Group and Åkerlund & Rausing of Sweden, Packages Limited is headquartered in Lahore, Pakistan. The company operates multiple manufacturing complexes, converting plants, and regional sales offices across Pakistan, including major facilities in Lahore, Karachi, and Kasur, and conducts international operations through its manufacturing and distribution subsidiary Packages Lanka (Private) Limited in Sri Lanka. In recent developments, Packages Limited completed a comprehensive corporate reorganization under a court-approved Scheme of Arrangement, transforming into an investment holding company by demerging and transferring its core manufacturing businesses—including folding cartons, flexible packaging, and consumer products—into its wholly-owned subsidiary, Packages Convertors Limited. Enhancing its strategic diversification, the company, in consortium with group affiliates, completed the acquisition of a majority controlling stake in Sanofi-Aventis Pakistan Limited (subsequently renamed Hoechst Pakistan Limited), expanding its presence into the healthcare and pharmaceutical sector. Furthermore, subsidiary Tri-Pack Films Limited expanded its production capacity by commissioning specialized barrier film manufacturing lines to meet increasing demand for recyclable packaging materials, while the group implemented extensive operational sustainability initiatives by deploying utility-scale rooftop solar power systems and biomass energy generation across its principal industrial sites.