List of largest companies in Pakistan

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Following is a list of largest companies in Pakistan:

Contents

Conglomerates

NameHeadquartersAssetsIndustryNet income
Nishat Group Lahore US$6 billion [1] Conglomerate
Fauji Foundation Rawalpindi US$4 billion [2] Conglomerate US$1.671 billion (2017) [3]
Hashoo Group Karachi US$3.8 billion [1] Conglomerate
Bahria Town Islamabad US$3.4 billion [1] (2021) Real estate
Dawood Hercules Corporation Karachi US$1.7 billion [4] Investment
House of Habib Karachi US$1 billion [5] Conglomerate

Companies

NameHeadquartersAssets (2021)IndustryNet income (2021)
Habib Bank Limited Karachi US$26.3 billion [6] Banking US$217 million
Pakistan State Oil KarachiUS$4.2 billion (2023) [7] Petroleum US$149.5 million [7]
Allied Bank Limited Lahore US$12.3 billion [8] BankingUS$106 million
MCB Bank LahoreUS$11.6 billion [9] BankingUS$189 million [9]
Askari Bank Rawalpindi US$7.7 billion [10] BankingUS$126 million [10] (2021)
Oil & Gas Development Company Islamabad US$5.6 billion (2022) [11] PetroleumUS$657 million [11]
DG Cement LahoreConstructionUS$21 million (2016) [12] [13]
Nishat Mills Faisalabad Textiles US$520 million [14]
Engro Corporation KarachiUS$4.8 billion Fertilizer US$367 million
Bank of Punjab LahoreUS$0.736 billionBankingUS$76 million [15]
Forward Sports Sialkot Sport goods US$51 million [16]
Systems Ltd LahoreUS$0.5 billion (2022) [17] Information technology US$27 million (2022) [18]
Lakson Group KarachiUS$200 billionConglomerate companyUS$363 million [19]

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<span class="mw-page-title-main">Economy of Pakistan</span>

The economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 46th largest in terms of nominal GDP. With a population of 241.5 million people as of 2023, Pakistan's position at per capita income ranks 161st by GDP (nominal) and 138th by GDP (PPP) according to the International Monetary Fund (IMF).

<span class="mw-page-title-main">Industrial and Commercial Bank of China</span> State-owned bank in China

The Industrial and Commercial Bank of China is a Chinese state-owned multinational banking and financial services corporation headquartered in Beijing, China. It is the largest of the "big four" banks in China, and the largest bank in the world by total assets. ICBC was created on 1 January 1984 from what were then the commercial banking operations of the People's Bank of China. ICBC is majority-owned by the Chinese government and has remained so after its landmark initial public offering in 2006. As of end-2021, ICBC shareholders included Central Huijin Investment, the Chinese Ministry of Finance, the National Council for Social Security Fund, adding up to 69.3 percent under the ultimate control of the Ministry of Finance.

The KSE-100 Index is a stock index acting as a benchmark to compare prices on the Pakistan Stock Exchange (PSX) over a period.

<span class="mw-page-title-main">Economy of Karachi</span>

Karachi is the financial and industrial capital of Pakistan. As of 2019, Karachi has an estimated GDP (PPP) of $164 billion. The city accounts about half of the total collections of the Federal Board of Revenue, out of which, approximately half are customs duty and sales tax on imports. Karachi produces about 30 percent of value added in large-scale manufacturing, 25% of the GDP, the World Bank identified Karachi as the most business-friendly city in Pakistan. In 2010, research by the global human resources company Mercer found Karachi to be the most inexpensive city in the world.

<span class="mw-page-title-main">Gopichand Hinduja</span> Indian businessman (born 1940)

Gopichand Parmanand Hinduja is an Indian-British billionaire businessman controlling the Indian conglomerate Hinduja Group. For many years he was co-chairman with his brother Srichand "S. P." Hinduja who died in May 2023. He and his brother were frequently named among the wealthiest people in the UK and Asia, and in the Sunday Times Rich List 2024 ranking of the wealthiest people in the UK he was placed first with an estimated family fortune of £37 billion.

<span class="mw-page-title-main">MCB Bank</span> Pakistani multinational commercial bank

MCB Bank Limited is a Pakistani multinational commercial bank which is based in Lahore, Punjab, Pakistan. The majority of shares are owned by Pakistani conglomerate Nishat Group and Malaysian bank Maybank. The bank has a network of 1600 branches and over 1450 ATMs in Pakistan. The current President/CEO of the bank is Shoaib Mumtaz.

<span class="mw-page-title-main">PTT Public Company Limited</span> Thai state-owned oil and gas company

PTT Public Company Limited or simply PTT is a Thai state-owned SET-listed oil and gas company. Formerly known as the Petroleum Authority of Thailand, it owns extensive submarine gas pipelines in the Gulf of Thailand, a network of LPG terminals throughout the kingdom, and it is involved in electricity generation, petrochemical products, oil and gas exploration and production, and gasoline retailing businesses. The company also owns Café Amazon, a popular coffee chain throughout South East Asia, which shops are often located next to PTT gas stations or inside malls.

Ghandhara Industries Limited (GIL), formerly known as National Motors Limited, doing business as Isuzu Pakistan, is a Pakistani truck and buses assembler based in Karachi. It is the authorized assembler of Isuzu vehicles in Pakistan.

<span class="mw-page-title-main">Shell Pakistan</span> Pakistani regional subsidiary of Shell plc

Shell Pakistan Limited is a Pakistani oil and gas company which is a subsidiary of the Shell plc and has been in South Asia for over 100 years. Shell's flagship business in Pakistan is the downstream retail marketing company, Shell Pakistan Limited, which has interests in downstream businesses including retail, lubricants and aviation. On 14th June, 2023 Shell announced to sell its holding in Pakistan.

While beginning in the United States, the Great Recession spread to Asia rapidly and has affected much of the region.

<span class="mw-page-title-main">Canadian petroleum companies</span>

Although there are numerous oil companies operating in Canada, as of 2009, the majority of production, refining and marketing was done by fewer than 20 of them. According to the 2013 edition of Forbes Global 2000, canoils.com and any other list that emphasizes market capitalization and revenue when sizing up companies, as of March 31, 2014 these are the largest Canada-based oil and gas companies.

<span class="mw-page-title-main">MNET (interbank network)</span> Pakistani operator of inter-bank connectivity platform

MNET Services Private Limited was a Pakistani operator of inter-bank connectivity platform of MCB Bank Ltd for online financial transaction processing and offers a managed services portfolio that includes card personalisation & management, mobile payment services and ATM & POS controller hosting.

Bread Financial Holdings, Inc. is an American publicly-traded provider of loyalty and marketing services, such as private label credit cards, coalition loyalty programs, and direct marketing, derived from the capture and analysis of transaction-rich data.

Royal Golden Eagle is a global integrated, resource-based industrial group, with businesses in paper, palm oil, viscose, construction and energy, property and asset management. Owned by Indonesian businessman Sukanto Tanoto, the group employs 80,000 people worldwide with assets exceeding US$35 billion.

NIB Bank was a Pakistani bank which was based in Karachi, Pakistan. It was formed in 2003 as a result of merger of IFIC Bank and the National Development Leasing Corporation (NDLC), and this newly formed entity was called the NDLC-IFIC Bank (NIB).

<span class="mw-page-title-main">Bhavin Turakhia</span> Indian businessman

Bhavin Turakhia, is an entrepreneur, and the founder of Titan, Flock, Radix, CodeChef, and Zeta. In 2016, Bhavin, a billionaire, was ranked as the 95th richest person in India, along with his brother Divyank Turakhia, according to Forbes. He was a 2011 Young Global Leader by the World Economic Forum.

Arif Habib Corporation Limited, also known as the Arif Habib Group, is a Pakistani business conglomerate headquartered in Karachi, Pakistan. The corporation was founded by Pakistani businessman Arif Habib.

<span class="mw-page-title-main">Pakistani economic crisis (2022–present)</span> 2022-2024 economic crisis in Pakistan

Pakistan has experienced an economic crisis as part of the 2022 political unrest. It has caused severe economic challenges for months due to which food, gas and oil prices have risen.

References

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  2. "Fauji Foundation - Financial Highlights". Archived from the original on 30 October 2019. Retrieved 30 October 2019.
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  7. 1 2 "Pakistan State Oil". Forbes.
  8. "Allied Bank Limited Financials 2021". abl.com. Retrieved 21 March 2022.
  9. 1 2 "MCB Annual Report 2021" (PDF). MCB.com.pk. Retrieved 19 March 2022.
  10. 1 2 Askari Bank Annual Report 2022 askaribank.com
  11. 1 2 "Oil & Gas Development Company". ogdcl.com. Retrieved 2022-11-03.[ dead link ]
  12. "DG Khan Cement rakes in Rs2.06 billion profit - The Express Tribune". 20 April 2017.
  13. "Shifa Center of Professional Excellence (SCOPE) Shifa". 22 April 2017.
  14. "10 Titans of Pakistani Business" . Retrieved 2022-11-02.[ permanent dead link ]
  15. "BOP.PK | Bank of Punjab Annual Balance Sheet - WSJ".
  16. Hussain, Bilal (2022-11-20). "Pakistan-made footballs at FIFA World Cup 2022: the 'crown jewel' for Sialkot's Forward Sports". Brecorder. Retrieved 2022-11-21.
  17. "Forbes Asia Best Under A Billion 2022". Forbes . Retrieved 2022-11-01.
  18. "Forbes Asia Best Under A Billion 2022". Forbes . Retrieved 2022-11-01.
  19. "Lakson Investments" (PDF). mufap.com.pk. Retrieved 17 May 2023.

Most Profitable Business in Pakistan