Pakistan Tobacco Company

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Pakistan Tobacco Company
Native name
پاکستان تمباکو کمپنی لمیٹڈ
Company typePublic
PSX:  PAKT
KSE 100 component
Industry Tobacco
FoundedOctober 1947  OOjs UI icon edit-ltr-progressive.svg
Headquarters
Islamabad
,
Pakistan
Key people
Products Cigarettes
RevenueIncrease2.svgRs. 94.86 billion (US$330 million) [1]  (2022)
Increase2.svgRs. 32.78 billion (US$110 million) [1]  (2022)
Increase2.svgRs. 21.32 billion (US$74 million) [1]  (2022)
Total assets Increase2.svgRs. 26.62 billion (US$92 million) [1]  (2022)
Number of employees
1,051 [1]  (2022)
Parent British American Tobacco
Website www.ptc.com.pk

Pakistan Tobacco Company Limited is a Pakistani tobacco manufacturer based in Islamabad. It is a subsidiary of British American Tobacco. [2] It is headquartered in Islamabad, Pakistan and is the biggest cigarette maker in Pakistan. It has two factories, located in Akora Khattak near Nowshera, and in Jhelum.

Contents

History

Pakistan Tobacco Company factory in Jhelum Pakistan Tobacco Company Jhelum.JPG
Pakistan Tobacco Company factory in Jhelum

Pakistan Tobacco Company was incorporated in 1947 immediately after independence, when it took over the business of the Imperial Tobacco Company of British India which had been operational in the South Asia since 1905. [3]

In 1956, Pakistan Tobacco Company was listed on the Karachi Stock Exchange. [4]

It has evolved from being just a single factory operation to a company which is involved in every aspect of cigarette production, from tobacco cultivation to packaging.

BPO hub

Pakistan Tobacco Company will establish its Business Process Outsourcing (BPO) hub in Pakistan, which will serve the Asia Pacific and Middle East region. The hub will serve in parallel to the BPO hub in Malaysia. The company already had a BPO hub in Romania and Costa Rica. [5] [6] [7] [8]

Factories

The company operates two factories in following cities:

See also

References

  1. 1 2 3 4 5 "PTC Annual Report 2022" (PDF). ptc.com.pk. Retrieved 6 December 2023.
  2. ↑ "Pakistan Tobacco Company Limited". April 16, 2019.
  3. ↑ Hussain, Dilawar (October 10, 2002). "Pakistan Tobacco Company: CORPORATE PROFILE". DAWN.COM.
  4. ↑ "Pakistan Tobacco Company".
  5. ↑ Ahmed, Ali (2020-12-17). "Pakistan Tobacco Company to establish BPO hub, will generate thousands of jobs". Brecorder. Retrieved 2020-12-24.
  6. ↑ "British American Tobacco shifting key business to Pakistan". www.thenews.com.pk. Retrieved 2020-12-24.
  7. ↑ TLTP (2020-12-17). "'PTC to set up BPO hub for Asia Pacific, Middle East in Pakistan'". Profit by Pakistan Today. Retrieved 2020-12-24.
  8. ↑ Paracha, Shahzad (2020-12-23). "British American Tobacco to set up business services hub in Pakistan". Profit by Pakistan Today. Retrieved 2020-12-24.
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