Packages Limited

Packages Limited
Company typePublic
PSXPKGS
KSE 100 component
IndustryPackaging
Founded1956; 68 years ago (1956)
FounderSyed Babar Ali
HeadquartersLahore-54760, Pakistan
Key people
Syed Hyder Ali (CEO)[1]
ProductsTissue paper, flexible packaging, folding cartons, paper & board and corrugated packaging
RevenueIncrease Rs. 156.972 billion (US$540 million) (2023)
Increase Rs. 28.930 billion (US$100 million) (2023)
Increase Rs. 9.277 billion (US$32 million) (2023)
Total assetsIncrease Rs. 234.820 billion (US$810 million) (2023)
Total equityIncrease Rs. 96.387 billion (US$330 million) (2023)
OwnerIGI Investments (29.90%)
Babar Ali Foundation (11.1%)
Syed Hyder Ali (5.45%)
Number of employees
4,051 (2023)
ParentIGI Group
SubsidiariesBulleh Shah Packaging (100%)
Packages Convertors Limited (100%)
StarchPack Limited (100%)
Packages Lanka (79.07%)
Packages Mall (75.16%)
Tri-Pack Films Limited (69.26%)
OmyaPack Limited (50%)
Hoechst Pakistan (41.07%)
IGI Holdings (10.54%)
Nestle Pakistan (8.05%)
Websitepackages.com.pk
Footnotes / references
Financials as of 31 December 2023 [2]

Packages Limited (Urdu: پیکیجز لمیٹڈ), also known as Packages Group, is a Pakistani multinational packaging company with its head office based in Lahore.[3][4] The company was founded in 1956.[5] It is a public limited company incorporated in Pakistan. It is principally engaged in the manufacture and sale of packaging materials and tissue products. The company also holds investments in many companies.

The company is listed on the Pakistan Stock Exchange.

  1. ^ "Syed Hyder Ali, Igi Holdings LTD: Profile and Biography". Bloomberg News.
  2. ^ "Packages Limited Annual Report 2023" (PDF). Retrieved 20 May 2024.
  3. ^ Malik, M. Abdur Rahman; Rana, Arif I.; Bashir, M. Farhan (2014). "Packages LTD. Capacity Addition in Carton Line: Riviera vs. Austin". Asian Journal of Management Cases. 11: 23–36. doi:10.1177/0972820113520208.
  4. ^ "Big changes at Packages". Profit by Pakistan Today. 28 March 2021.
  5. ^ "Packages sells Tetra Pak shares for $115m". Dawn (newspaper). 14 March 2009. Retrieved 17 December 2018.