Philip Morris Pakistan Faces 86% Decline in Income for 2023
Philip Morris (Pakistan) Limited, a prominent international tobacco company, has reported a staggering 86 percent decline in its total income for the fiscal year 2023.
Philip Morris (Pakistan) Limited, a prominent international tobacco company, has reported a staggering 86 percent decline in its total income for the fiscal year 2023.
Karachi, November 7, 2023 – In a strategic move to enhance its leadership team, Philip Morris Pakistan Limited (PMPKL) has officially named Sarfaraz Ahmed Rehman as the Chairman of the Board.
Karachi, October 23, 2023 – Philip Morris (Pakistan) Limited, a leading cigarette manufacturer, has reported a substantial 72 percent decline in profit for the first nine months of the calendar year 2023.
Karachi, August 16, 2023 – Philip Morris Pakistan Limited, an international company known for making cigarettes, has experienced a significant drop of 76 percent in its profits for the first half of this year, which ended on June 30, 2023.
The revenue collection from tobacco industry likely to fall short of targets after a massive increase in Federal Excise Duty (FED), a report revealed on Friday.
Philip Morris (Pakistan) Limited announced a 67% decrease in quarterly profit on Wednesday, according to financial results sent to Pakistan Stock Exchange (PSX).
Sales of illicit cigarettes have surged following a massive tax hike on the legal cigarette industry, according to Philip Morris (Pakistan).
KARACHI: Philip Morris (Pakistan) has said that significant tax hikes on cigarettes would only benefit illicit tobacco sector.
KARACHI: Philip Morris (Pakistan) Limited on Wednesday announced a decline of 11 per cent in its profit for the half year ended June 30, 2022. The board of directors of Philip Morris (Pakistan) Limited at its meeting held on August 10, 2022, approved the half-year financial statement of the company for period ended June 30, […]
KARACHI: Philip Morris (Pakistan) Limited, a public limited tobacco manufacturing company, on Tuesday announced over 30 per cent increase in profit after tax for the year ended December 31, 2021. The company announced profit after tax to Rs2.30 billion for the year ended December 31, 2021 as compared with Rs1.76 billion in the preceding year. […]