Pakistan Engineering Company

Pakistan Engineering Company
Company typePublic
PSXPECO
IndustryEngineering
Founded1932 (1932)[1]
FounderCM Latif[2]
HeadquartersLahore, Pakistan
RevenueIncrease Rs. 1.424 billion (US$4.9 million) (2018)
Decrease Rs. −81.414 million (US$−280,000) (2018)
Decrease Rs. −69.956 million (US$−240,000) (2018)
Total assetsDecrease Rs. 15.968 billion (US$55 million) (2018)
Total equityDecrease Rs. 13.667 billion (US$47 million) (2018)
OwnerState Engineering Company (24.88%)
Rotocast Engineering Company (24.50%)
Number of employees
395 (2018)
Websitepeco.com.pk
Footnotes / references
Financials as of 30 June 2018 [3]

Pakistan Engineering Company (PECO), formerly known as Batala Engineering Company (BECO) is a Pakistani engineering company based in Lahore. It was established by Chaudhry Mohammad Latif Arain in Batala, East Punjab, British India in 1932 and moved to Lahore, Pakistan after partition. The company was named as Batala Engineering Company Ltd after the name of Latif’s hometown.

  1. ^ "Will stock broker Arif Habib defeat the Government of Pakistan in the battle for control over PECO?". 11 March 2019.
  2. ^ "Pakistan Engineering Company Limited". 11 October 2017.
  3. ^ "Pakistan Engineering Company Annual Report 2018". Retrieved 13 September 2024.