702:
201:
178:
155:
132:
109:
1235:
337:
In 1997, Premier
Tobacco was merged into Lakson Tobacco Company. Premier Tobacco was founded in 1952 by SA Samad as a joint venture with Philip Morris and Rothmans International. Premier Tobacco became a listed company on the Karachi Stock Exchange in 1955. In 1984, Samad sold his controlling stake
1306:
1003:
1326:
1301:
330:. It was then known as Lakson Tobacco Company as 51 percent of the shareholding was held by Lakhani family. Two years later, in 1971, it was listed on the
668:
1331:
1336:
1272:
563:. : Oxford University Press ; Lahore : Lahore University of Management Sciences. May 13, 1999 – via Internet Archive.
349:
In 2007, Philip Morris
International increased its shareholding in the company to 97 percent and renamed it as Philip Morris Pakistan.
635:
1311:
1296:
1321:
610:
359:
In 2019, Philip Morris closed Kotri plant in order to restructure their finances. As a result, 193 employees lost their job.
1291:
592:
1265:
698:
1168:
574:
124:
690:
1341:
1083:
933:
392:
By 1996, Philip Morris had an installed capacity to produce 18.76 billion cigrattes in three factories located in
1058:
868:
1258:
1198:
938:
433:
1163:
808:
323:
292:
241:
218:
1153:
1093:
803:
299:, Pakistan. The company is involved in the manufacturing and sale of cigarettes and tobacco products.
1098:
1033:
1023:
843:
1123:
878:
853:
753:
560:
303:
1108:
958:
758:
37:
1246:
1028:
963:
733:
331:
327:
978:
898:
683:
252:
1208:
1043:
968:
471:
8:
783:
738:
718:
356:
due to rising costs and smuggling of tobacco in
Pakistan. 141 employees lost their jobs.
353:
1113:
1103:
893:
883:
339:
1038:
1193:
983:
928:
908:
833:
828:
1316:
1148:
1133:
1073:
1063:
676:
498:
193:
51:
1008:
918:
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1158:
1128:
1048:
1018:
988:
943:
863:
788:
778:
236:
1285:
1068:
913:
838:
793:
768:
707:
315:
31:
1188:
1183:
1078:
1053:
1013:
973:
953:
923:
848:
818:
773:
723:
343:
319:
1203:
1178:
1173:
998:
903:
873:
858:
748:
743:
728:
393:
346:, which was ultimately acquired by Lakhani family from Hashwani in 1987.
291:, is a Pakistani tobacco manufacturing company which is a subsidiary of
1088:
948:
888:
147:
97:
41:
823:
813:
798:
561:"Corporate finance in Pakistan: Case studies from an emerging market"
409:
412:. The company currently operates two factories in following cities:
993:
763:
701:
86:
654:
513:
453:
416:
401:
397:
296:
80:
1143:
1138:
421:
405:
170:
1118:
611:"After closing plant Philip Morris now fires 141 employees"
302:
It is the second-largest tobacco company in
Pakistan after
1234:
636:"Philip Morris shuts down tobacco manufacturing facility"
514:"PMI buys 50.21pc stakes in Lakson: Rs20.62 billion deal"
593:"Philip Morris shuts cigarette production unit in Pindi"
499:"Philip Morris (Pakistan) Limited – Business Recorder"
352:
In 2015, Philip Morris shut down its plant in Mandra,
404:. Until 1991, the company also operated a factory in
1241:This Pakistani corporation or company article is a
575:"Philip Morris acquires Pakistan's Lakson Tobacco"
1283:
314:Philip Morris Pakistan was founded in 1969 as a
1307:Companies listed on the Pakistan Stock Exchange
1266:
684:
655:"Philip Morris investment blows up in smoke"
581:. March 9, 2007 – via www.reuters.com.
555:
553:
551:
549:
547:
278:Financials as of 31 December 2023
1327:Pakistani subsidiaries of foreign companies
1302:Manufacturing companies established in 1969
545:
543:
541:
539:
537:
535:
533:
531:
529:
527:
472:"Philip Morris Pakistan Annual Report 2023"
1273:
1259:
691:
677:
1332:Manufacturing companies based in Karachi
524:
1337:Pakistani companies established in 1969
652:
630:
628:
626:
624:
408:, but it was closed due to the rise of
1284:
493:
491:
672:
511:
464:
1229:
621:
488:
13:
653:Hussain, Dilawar (April 9, 2008).
512:Iqbal, Shahid (January 20, 2007).
187:(US$ 110 million) (2023)
164:(US$ 1.1 million) (2023)
141:(US$ 3.6 million) (2023)
14:
1353:
362:
210:(US$ 54 million) (2023)
118:(US$ 63 million) (2023)
1233:
1084:Pakistan Aluminium Beverage Cans
934:International Industries Limited
700:
200:
199:
177:
176:
154:
153:
131:
130:
108:
107:
869:FrieslandCampina Engro Pakistan
646:
454:"PMI takes over Lakson Tobacco"
275:Footnotes / references
1312:Companies in the KSE 100 Index
1297:1970s initial public offerings
603:
585:
567:
505:
446:
1:
1322:Tobacco companies of Pakistan
439:
387:
1245:. You can help Knowledge by
939:International Steels Limited
434:Tobacco industry in Pakistan
7:
1292:Philip Morris International
427:
324:Philip Morris International
293:Philip Morris International
242:Philip Morris International
219:Philip Morris International
63:; 55 years ago
10:
1358:
1228:
804:Colgate-Palmolive Pakistan
309:
1217:
714:
295:. It is headquartered in
273:
247:
235:
225:
214:
191:
168:
145:
122:
103:
93:
75:
57:
47:
29:
21:
1124:Pakistan Tobacco Company
854:Fauji Fertilizer Company
304:Pakistan Tobacco Company
1342:Pakistani company stubs
1194:Unilever Pakistan Foods
959:Kohinoor Spinning Mills
734:Air Link Communication
332:Karachi Stock Exchange
328:Rothmans International
289:Lakson Tobacco Company
285:Philip Morris Pakistan
17:Philip Morris Pakistan
1004:Mehmood Textile Mills
979:Lucky Core Industries
824:EFU General Insurance
1209:Yousuf Weaving Mills
1044:Nishat Chunian Power
617:. November 23, 2015.
599:. February 17, 2015.
287:, formerly known as
924:Indus Motor Company
864:First Habib Modarba
784:Bannu Woollen Mills
354:Rawalpindi District
227:Number of employees
18:
1220:As of October 2024
1164:Standard Chartered
1114:Pakistan State Oil
1104:Pakistan Petroleum
1094:Pakistan Oilfields
640:www.thenews.com.pk
340:Sadruddin Hashwani
16:
1254:
1253:
1226:
1225:
1109:Pakistan Services
1099:Pakistan Refinery
1034:National Refinery
984:Maple Leaf Cement
929:Interloop Limited
844:Fatima Fertilizer
834:Engro Fertilizers
829:Engro Corporation
724:Adamjee Insurance
706:Companies of the
460:. March 10, 2007.
282:
281:
1349:
1275:
1268:
1261:
1237:
1230:
1134:Punjab Oil Mills
1074:Pak-Gulf Leasing
1064:Packages Limited
819:Dolmen City REIT
754:Attock Petroleum
705:
704:
693:
686:
679:
670:
669:
663:
662:
650:
644:
643:
632:
619:
618:
607:
601:
600:
589:
583:
582:
571:
565:
564:
557:
522:
521:
509:
503:
502:
495:
486:
485:
483:
481:
476:
468:
462:
461:
450:
269:
266:
264:
262:
260:
258:
256:
254:
209:
207:
203:
202:
196:
186:
184:
180:
179:
173:
163:
161:
157:
156:
140:
138:
134:
133:
125:Operating income
117:
115:
111:
110:
71:
69:
64:
19:
15:
1357:
1356:
1352:
1351:
1350:
1348:
1347:
1346:
1282:
1281:
1280:
1279:
1227:
1222:
1213:
1174:Systems Limited
1149:Searle Pakistan
1039:Nestlé Pakistan
1009:Millat Tractors
919:JDW Sugar Mills
894:HBL Growth Fund
809:Dawood Hercules
759:Attock Refinery
710:
699:
697:
667:
666:
651:
647:
634:
633:
622:
609:
608:
604:
591:
590:
586:
573:
572:
568:
559:
558:
525:
510:
506:
497:
496:
489:
479:
477:
474:
470:
469:
465:
452:
451:
447:
442:
430:
390:
365:
312:
277:
251:
231:644 (2023)
228:
205:
204:
192:
182:
181:
169:
162:323.663 million
159:
158:
150:
136:
135:
127:
113:
112:
89:
83:
67:
65:
62:
34:
12:
11:
5:
1355:
1345:
1344:
1339:
1334:
1329:
1324:
1319:
1314:
1309:
1304:
1299:
1294:
1278:
1277:
1270:
1263:
1255:
1252:
1251:
1238:
1224:
1223:
1218:
1215:
1214:
1212:
1211:
1206:
1201:
1196:
1191:
1186:
1181:
1176:
1171:
1166:
1161:
1156:
1151:
1146:
1141:
1136:
1131:
1129:Pioneer Cement
1126:
1121:
1116:
1111:
1106:
1101:
1096:
1091:
1086:
1081:
1076:
1071:
1066:
1061:
1056:
1051:
1049:Nishat Chunian
1046:
1041:
1036:
1031:
1029:National Foods
1026:
1021:
1019:Murree Brewery
1016:
1011:
1006:
1001:
996:
991:
989:Mari Petroleum
986:
981:
976:
971:
969:Lotte Chemical
966:
964:Kot Addu Power
961:
956:
951:
946:
941:
936:
931:
926:
921:
916:
911:
906:
901:
896:
891:
886:
881:
876:
871:
866:
861:
856:
851:
846:
841:
836:
831:
826:
821:
816:
811:
806:
801:
796:
791:
789:Bestway Cement
786:
781:
779:Bank of Punjab
776:
771:
766:
761:
756:
751:
746:
741:
736:
731:
726:
721:
715:
712:
711:
696:
695:
688:
681:
673:
665:
664:
645:
620:
602:
584:
566:
523:
504:
487:
463:
444:
443:
441:
438:
437:
436:
429:
426:
425:
424:
419:
389:
386:
385:
384:
381:
378:
375:
372:
369:
364:
363:Tobacco brands
361:
311:
308:
280:
279:
271:
270:
249:
245:
244:
239:
233:
232:
229:
226:
223:
222:
216:
212:
211:
208:15.594 billion
197:
189:
188:
185:30.534 billion
174:
166:
165:
151:
146:
143:
142:
128:
123:
120:
119:
116:18.219 billion
105:
101:
100:
95:
91:
90:
85:
79:
77:
73:
72:
59:
55:
54:
49:
45:
44:
35:
30:
27:
26:
23:
9:
6:
4:
3:
2:
1354:
1343:
1340:
1338:
1335:
1333:
1330:
1328:
1325:
1323:
1320:
1318:
1315:
1313:
1310:
1308:
1305:
1303:
1300:
1298:
1295:
1293:
1290:
1289:
1287:
1276:
1271:
1269:
1264:
1262:
1257:
1256:
1250:
1248:
1244:
1239:
1236:
1232:
1231:
1221:
1216:
1210:
1207:
1205:
1202:
1200:
1197:
1195:
1192:
1190:
1187:
1185:
1182:
1180:
1177:
1175:
1172:
1170:
1167:
1165:
1162:
1160:
1157:
1155:
1152:
1150:
1147:
1145:
1142:
1140:
1137:
1135:
1132:
1130:
1127:
1125:
1122:
1120:
1117:
1115:
1112:
1110:
1107:
1105:
1102:
1100:
1097:
1095:
1092:
1090:
1087:
1085:
1082:
1080:
1077:
1075:
1072:
1070:
1067:
1065:
1062:
1060:
1057:
1055:
1052:
1050:
1047:
1045:
1042:
1040:
1037:
1035:
1032:
1030:
1027:
1025:
1024:National Bank
1022:
1020:
1017:
1015:
1012:
1010:
1007:
1005:
1002:
1000:
997:
995:
992:
990:
987:
985:
982:
980:
977:
975:
972:
970:
967:
965:
962:
960:
957:
955:
952:
950:
947:
945:
942:
940:
937:
935:
932:
930:
927:
925:
922:
920:
917:
915:
914:Ibrahim Fibre
912:
910:
907:
905:
902:
900:
897:
895:
892:
890:
887:
885:
882:
880:
877:
875:
872:
870:
867:
865:
862:
860:
857:
855:
852:
850:
847:
845:
842:
840:
839:Engro Polymer
837:
835:
832:
830:
827:
825:
822:
820:
817:
815:
812:
810:
807:
805:
802:
800:
797:
795:
794:Cherat Cement
792:
790:
787:
785:
782:
780:
777:
775:
772:
770:
769:Bank AL Habib
767:
765:
762:
760:
757:
755:
752:
750:
747:
745:
742:
740:
737:
735:
732:
730:
727:
725:
722:
720:
717:
716:
713:
709:
708:KSE 100 Index
703:
694:
689:
687:
682:
680:
675:
674:
671:
660:
656:
649:
641:
637:
631:
629:
627:
625:
616:
612:
606:
598:
594:
588:
580:
576:
570:
562:
556:
554:
552:
550:
548:
546:
544:
542:
540:
538:
536:
534:
532:
530:
528:
519:
515:
508:
500:
494:
492:
473:
467:
459:
455:
449:
445:
435:
432:
431:
423:
420:
418:
415:
414:
413:
411:
407:
403:
399:
395:
382:
379:
376:
373:
370:
367:
366:
360:
357:
355:
350:
347:
345:
341:
335:
333:
329:
325:
321:
317:
316:joint venture
307:
305:
300:
298:
294:
290:
286:
276:
272:
268:
250:
246:
243:
240:
238:
234:
230:
224:
220:
217:
213:
198:
195:
190:
175:
172:
167:
152:
149:
144:
139:1.046 billion
129:
126:
121:
106:
102:
99:
96:
92:
88:
82:
78:
74:
60:
56:
53:
50:
46:
43:
39:
36:
33:
28:
24:
20:
1247:expanding it
1240:
1219:
1189:TRG Pakistan
1184:Thal Limited
1139:Rafhan Maize
1079:Pakgen Power
1054:Nishat Power
1014:Mughal Steel
974:Lucky Cement
954:Kohat Cement
849:Fauji Cement
774:Bank Alfalah
658:
648:
639:
614:
605:
596:
587:
578:
569:
517:
507:
478:. Retrieved
466:
457:
448:
391:
358:
351:
348:
344:Hashoo Group
336:
320:Lakson Group
313:
301:
288:
284:
283:
274:
194:Total equity
171:Total assets
76:Headquarters
22:Company type
1204:Unity Foods
1199:United Bank
1179:Tariq Glass
999:Meezan Bank
904:Honda Atlas
874:Ghani Glass
859:Faysal Bank
749:Atlas Honda
744:Askari Bank
739:Allied Bank
729:AGP Limited
480:8 September
377:Morven Gold
1286:Categories
949:K-Electric
889:HabibMetro
615:The Nation
597:The Nation
440:References
388:Production
148:Net income
98:Cigarettes
814:DG Cement
799:Cnergyico
410:smuggling
380:Princeton
267:/overview
265:/about-us
261:/pakistan
206:Rs.
183:Rs.
160:Rs.
137:Rs.
114:Rs.
32:Traded as
994:MCB Bank
899:Highnoon
764:Avanceon
659:DAWN.COM
518:DAWN.COM
458:DAWN.COM
428:See also
318:between
259:/markets
221:(97.65%)
94:Products
87:Pakistan
48:Industry
1317:Sahiwal
1154:Service
944:Javedan
579:Reuters
417:Sahiwal
402:Sahiwal
398:Karachi
371:Kenmore
310:History
297:Karachi
248:Website
104:Revenue
81:Karachi
66: (
58:Founded
52:Tobacco
40::
1144:Sazgar
719:Abbott
422:Mardan
406:Mardan
400:, and
383:Royals
326:, and
237:Parent
25:Public
1169:SNGPL
1159:Shell
1089:PIBTL
909:Hubco
475:(PDF)
215:Owner
1243:stub
1119:Ptcl
1059:OGDC
482:2024
394:Dadu
374:Lord
368:Gulf
257:.com
255:.pmi
68:1969
61:1969
42:PMPK
1069:PEL
884:HBL
879:GSK
342:of
338:to
263:/en
253:www
38:PSX
1288::
657:.
638:.
623:^
613:.
595:.
577:.
526:^
516:.
490:^
456:.
396:,
334:.
322:,
306:.
84:,
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1267:t
1260:v
1249:.
692:e
685:t
678:v
661:.
642:.
520:.
501:.
484:.
70:)
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