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Tag: Philip Morris

philip morris pakistan

Philip Morris suspends operations

March 31, 2020December 10, 2021Mrs. Anjum Shahnawaz

KARACHI: Philip Morris (Pakistan) Limited, a tobacco manufacturing company, has announced to suspend operations for indefinite period due to spread of coronavirus. In a letter to Pakistan Stock Exchange (PSX) on Tuesday, the company said in compliance with directives of provincial governments to contain the spread of COVID-19 it has been decided to temporarily suspend […]

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philip morris pakistan

Philip Morris declares Rs2 billion after tax loss

March 10, 2020September 15, 2021Mrs. Anjum Shahnawaz

KARACHI: Philip Morris Pakistan, the leading cigarette manufacturer in the country, has declared after tax loss of around Rs2 billion for year ended December 31, 2019. The losses have been mainly attributed to Rs2.44 billion operating losses, the company said on Monday. Philip Morris Pakistan is a Pakistani tobacco manufacturing company, which is a subsidiary […]

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philip morris pakistan

Philip Morris decides closing factory in Kotri

March 4, 2019April 11, 2026Faisal Shahnawaz

KARACHI: Philip Morris (Pakistan) Limited, an American multinational cigarette and tobacco manufacturing company, has decided to close down its factory located in Kotri.

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  • Headline inflation hits 11.1% in June 2026: PBS
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