Pakistan Synthetics Limited
PPSX:PSYL197.00
PKR
-13.07
(-6.22%)
ISIN
PK0042401015
Return %
Stock
S&P 500
1Y
248.36
14.20
3Y
729.47
81.12
5Y
528.72
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
- Yakoob Haji Karim
- Full Time Employees
- 379
- Sector
- Process industries
- Industry
- Textiles
- Address
- Karachi Pakistan
- IPO Date
- May 25, 1994
- Website
- pslpet.com
- Similar Companies
- Business
- Pakistan Synthetics Limited is a Pakistan-based packaging and materials manufacturing company that specializes in the production and distribution of plastic packaging solutions and synthetic resins for the beverage, food, edible oil, and pharmaceutical industries. The company operates vertically integrated manufacturing facilities to produce a comprehensive portfolio of rigid packaging products, which includes polyethylene terephthalate (PET) resin utilized as raw material for bottle molding and packaging applications; biaxially-oriented polyethylene terephthalate (BOPET) resin; injection-molded PET preforms produced across various neck finishes, weights, and sizes for stretch blow molding into carbonated soft drink, mineral water, and edible oil containers; compression-molded plastic closure caps, including 28mm tamper-evident caps engineered for carbonated beverages and still liquids; and decorated metal crown caps utilized for glass bottle sealing. Incorporated in 1984 and headquartered in Karachi, Pakistan, the company maintains primary production facilities situated in Port Qasim, Karachi, and the Hub Industrial Trading Estate in Balochistan. In recent developments, Pakistan Synthetics Limited has executed significant capital investment programs focused on geographical expansion, energy efficiency, and operational optimization. The company initiated the establishment of a new manufacturing facility in Muridke, Punjab, designed to expand production capacity for PET preforms, plastic caps, and crown caps while improving proximity to clients across northern Pakistan. Furthermore, the company has implemented a comprehensive Balancing, Modernization, and Replacement (BMR) program across its existing production lines, deployed industrial-scale rooftop solar power generation infrastructure across its manufacturing plants to mitigate escalating energy costs, and strategically diversified its raw material procurement channels to incorporate North American suppliers to enhance supply chain resilience.