Philip Morris Archives - Pkrevenue.com

Philip Morris highlights tobacco sector challenges in Pakistan

May 7, 2026May 7, 2026Faisal Shahnawaz

ISLAMABAD, May 7, 2026 — Representatives of Philip Morris International raised concerns over illicit cigarette trade, weak enforcement, and regulatory gaps during a meeting with Pakistan’s Commerce Minister Jam Kamal Khan on Thursday.

Philip Morris Pakistan Denies Irregular Share Price Activity

April 21, 2025April 21, 2025Shahnawaz Akhter

Karachi, April 21, 2025 – Philip Morris (Pakistan) Limited has issued a formal response to the Pakistan Stock Exchange (PSX), denying any unusual or unexplained movement in the trading price or volume of its shares. The clarification came after PSX issued a notice regarding significant fluctuations observed in the company’s stock over recent sessions.

PSX Probes Philip Morris Over Share Price Spike

April 18, 2025April 18, 2025Shahnawaz Akhter

Karachi, April 18, 2025 – The Pakistan Stock Exchange (PSX) has formally issued a notice to Philip Morris (Pakistan) Limited, seeking clarification regarding an unusual movement observed in the company’s share price over the recent trading sessions.

Philip Morris Pakistan Reports 77.5% Surge in Turnover for CY24

April 3, 2025April 3, 2025Shahnawaz Akhter

Karachi, April 3, 2025 – Philip Morris (Pakistan) Limited has reported an exceptional 77.5% increase in turnover for the fiscal year ending December 31, 2024.

Philip Morris Pakistan Calls for Stern Action Against Tax Evasion

April 17, 2024April 17, 2024Shahnawaz Akhter

Islamabad, April 17, 2024 – Philip Morris Pakistan Limited (PMPKL) has sounded the alarm on the urgent need for immediate measures to combat the rising prevalence of low-priced, non-tax-paid cigarettes, citing a loss of fair competition and a significant decline in volumes within the legitimate tobacco sector.

Philip Morris Pakistan and FBR Locked in Lengthy Legal Disputes

April 6, 2024April 6, 2024Shahnawaz Akhter

Philip Morris Pakistan Limited, a leading cigarette manufacturer in the country, has unveiled a complex web of litigations stretching across numerous years against tax authorities, which have resulted in substantial tax demands.

Philip Morris Pakistan Faces 86% Decline in Income for 2023

March 25, 2024May 11, 2025Shahnawaz Akhter

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 Appoints Sarfaraz Ahmed Rehman as Board Chairman

November 7, 2023November 7, 2023Faisal Shahnawaz

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.

Philip Morris Pakistan Faces 72% Profit Decline for 9MCY23

October 23, 2023October 23, 2023Faisal Shahnawaz

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.

Philip Morris Pakistan’s Profits Plummet by 76% in First Half of 2023

August 16, 2023August 16, 2023Shahnawaz Akhter

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.

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