Pakistan Tobacco Company Explained

Pakistan Tobacco Company
Type:Public
Traded As:
KSE 100 component
Key People:
Industry:Tobacco
Products:Cigarettes
Revenue: [1]
Revenue Year:2022
Income Year:2022
Net Income Year:2022
Assets Year:2022
Num Employees:1,051
Location City:Islamabad
Location Country:Pakistan
Num Employees Year:2022
Parent:British American Tobacco

Pakistan Tobacco Company Limited (Urdu: پاکستان تمباکو کمپنی) is a Pakistani tobacco manufacturing company which 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 which are located in Akora Khattak (which is near Nowshera), and Jhelum.

History

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

Notes and References

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