Company type | Public |
---|---|
PSX: PKGS KSE 100 component | |
Industry | Packaging |
Founded | 1956 |
Founder | Syed Babar Ali |
Headquarters | Lahore-54760, Pakistan |
Key people | Syed Hyder Ali (CEO)[1] |
Products | Tissue paper, flexible packaging, folding cartons, paper & board and corrugated packaging |
Revenue | Rs. 156.972 billion (US$540 million) (2023) |
Rs. 28.930 billion (US$100 million) (2023) | |
Rs. 9.277 billion (US$32 million) (2023) | |
Total assets | Rs. 234.820 billion (US$810 million) (2023) |
Total equity | Rs. 96.387 billion (US$330 million) (2023) |
Owner | IGI Investments (29.90%) Babar Ali Foundation (11.1%) Syed Hyder Ali (5.45%) |
Number of employees | 4,051 (2023) |
Parent | IGI Group |
Subsidiaries | Bulleh 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%) |
Website | packages |
Footnotes / references Financials as of 31 December 2023[update] [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.