Profile of the company

Profile of the Company

Packages Limited was established in 1956 as a joint venture between Ali Group of Pakistan and Akerlund & Rausing of Sweden and is renowned for providing premium packaging solutions. Over the years, it has continued to enhance its capacities and capabilities to meet the growing demand of packaging products in Pakistan.

Mission

1.To be a leader in the markets we serve by providing quality products and superior service to our customers while learning from their feedback to set even higher standards for our products.

2. To be a company that continuously enhances its superior technological competence to provide innovative solutions to customer needs.

3. To be a company that attracts and retains outstanding people by creating a culture that fosters openness and innovation promotes individual growth, and rewards initiative and performance.

4. To be a company that combines its people, technology, management systems, and market opportunities to achieve profitable growth while providing fair returns to its investors.

5. To be a company that endeavors to set the highest standards in corporate ethics in serving the society.

Vision

1. Position ourselves to be a regional player of quality packaging and consumer products.

2. Improve on contemporary measures including cost, quality, service, speed of delivery and mobilization.

3. Keep investing in technology, systems and human resource to effectively meet the challenges every new dawn brings.

4. Develop relationships with all our stakeholders based on sustainable cooperation, upholding ethical values, which the shareholders, management and employees represent and continuously strive for.

CREATING A

BETTER TOMORROW

Principle Business and other Business Activities

Packages Limited was established in 1956 as a joint venture between Ali Group of Pakistan and Akerlund & Rausing of Sweden and is renowned for providing premium packaging solutions. Over the years, it has continued to enhance its capacities and capabilities to meet the growing demand of packaging products in Pakistan.

The Company is listed at the Pakistan Stock Exchange Limited since 1965. Packages Limited is an investment holding company having invested in numerous subsidiaries, joint ventures, and other companies engaged in various businesses.

We are amongst Pakistan’s top packaging solution providers with a priority to deliver high-quality products in the most efficient, profitable and sustainable way. Our customer base includes some of the world’s best-known brands of consumer products and industries. We are also a leading manufacturer of many other versatile products catering to the needs of multiple industries including Construction, Writing and Printing, Packaging, Food, Personal & Home Care, Pharmaceuticals, Agriculture and Forestry, Water and Energy and many others.

Symbol

Packages Ltd. “PKGS”

Company Registration Number

Corporate Unique Identification No.(CUIN) 0000792
Date: 4th February 1956

National Tax No. (NTN)

0711438-9

Traded on

Pakistan Stock Exchange
https://www.psx.com.pk/

THE PAKISTAN CREDIT RATING AGENCY LIMITED

1. Rating as on: June-2024
2. Rating Type: Rating
3. Long-Term AA+ (Double A Plus)
4. Short-Term A1+ (A One Plus)

Status of the Company

Packages Limited is a Public Interest Company (PIC) and holds investments in companies engaged in various businesses.

Details of Subsidiaries/Associated Companies

Registered Office

Head Office

Branch Sales Offices