Pakistan tobacco company annual report 2011. Pakistan Tobacco Company 2022-10-20
Pakistan tobacco company annual report 2011 Rating:
Pakistan Tobacco Company (PTC) is one of the leading tobacco companies in Pakistan. Established in 1947, the company has a long history of providing high-quality tobacco products to consumers in the country. In 2011, PTC released its annual report, which provides a comprehensive overview of the company's performance and activities for the year.
According to the report, PTC had a strong financial performance in 2011, with net revenue of PKR 26.9 billion (approximately USD 306 million). This was a 7% increase from the previous year, and it was driven by strong sales of the company's various tobacco products, including cigarettes, loose tobacco, and snuff.
PTC also reported that it had invested heavily in research and development (R&D) during the year, with a focus on improving the quality and variety of its products. The company also invested in marketing and sales efforts, as well as in infrastructure and supply chain management.
One key area of focus for PTC in 2011 was sustainability. The company implemented several initiatives to reduce its environmental impact and promote responsible business practices. For example, PTC implemented a program to recycle waste materials from its manufacturing processes and invested in energy-efficient technologies to reduce its carbon footprint.
In addition to its financial and operational performance, PTC also reported on its social and corporate responsibility efforts in 2011. The company supported a number of initiatives to improve the health and well-being of its employees and the communities in which it operates. PTC also supported various charitable organizations and initiatives aimed at promoting education and literacy in Pakistan.
Overall, the 2011 annual report highlights the strong performance of Pakistan Tobacco Company in a challenging economic environment. The company's focus on R&D, sustainability, and corporate responsibility demonstrates its commitment to providing high-quality products and services while also being a responsible corporate citizen.
He joined the Board of the Company in 2018. Philip Morris are also introducing new brands under medium and low category to extract the profitability. During his career he has worked with Orascom Telecom Holdings, the GSMA, Gemini Holdings the Sawiris Family Office , Motorola UK, the Dhabi Group, Millicom International, the ICI Group and PWC. Competitive rivalry Competitive rivalry in tobacco sector is medium to high because more than 70% of the tobacco market is controlled by Pakistan Tobacco Company and Phillip Morris Pakistan. At number two is Philip Morris Pakistan Limited PSX: PMPKL , with roughly 20 percent share of the organized market. Overview of the market share of tobacco industry in Pakistan Economic Significance This crop possesses immense economic significance and its impact on the fiscal and monetary policies of Pakistan.
The reason for high barriers at national level is due to high manufacturing, distribution and marketing cost which makes it difficult for local companies to sustain themselves at national stage. Both firms are involved in intensive price wars in order to get a market share. John Player Gold Leaf has a market share of 9. India is biggest consumer of cigarettes in south asia mainly due to highest population in the south asian region. Recent financial performance Throughout this decade, PAKT has gradually expanded its gross turnover. Eduardus Lambertus Holtzer Finance Director Consumer Dairy, FrieslandCampina Eduardus Lambertus Holtzer is Finance Director of FrieslandCampina Consumer Dairy and has been working for FrieslandCampina since 2012. Dawood is an active director on the board of Pakistan Business Council, a pan-industry advocacy group that promotes easing of barriers to enable Pakistani businesses to compete in regional and global arenas.
Abdul Samad Dawood, Ali Ahmed Khan, Roeland Francois van Neerbos, Eduardus Lambertus Holtzer, Petra Attje Zinkweg, Abrar Hasan and Zouhair Abdul Khaliq. The major portion of raw material comes from NWFP and Punjab. In 2005-2006 year tobacco industry experienced a fall of around 50% in value and the trend remained till 2007-2008 year. Those government revenues from PAKT in CY18 reached almost the same level as in CY16. Sindh and Balochistan produces Nicotiana Rustica and Country air-cured Snuff respectively. This consumption trend makes Pakistan an attractive market for cigarettes manufactures.
The registered office of the company is situated in Islamabad. Bargaining power of Buyers Economy plays an important role in buying cigarettes in tobacco industry. In Pakistan government has imposed restriction on advertising. We have the confidence to passionately pursue growth and new opportunities while building on our legacy as one of the most dynamic and forward-looking organizations in the Country. They have high demand for these brands. Abdul Samad Dawood Chairmain Abdul Samad Dawood is the Chairman of FrieslandCampina Engro Pakistan Limited.
The industry suggested in early 2017 that the price differential had grown to a dangerous level where it was hurting tobacco industry revenues as well as government taxes. Apart from these two raw material Kala Patta snuff is also cultivated in Punjab region. It was mainly due increase in productivity and new method used for tobacco cultivation. They should control smuggling by tracing the distributors which would also helpful in a way to control tax evasion, companies should use modern technologies and should have timely control to have more yield. This rather worryingly low Tax to GDP ratio is mainly due to the structural weaknesses in our taxation system like narrow tax base, low compliance and coverage, widespread exemptions and tax evasion to name a few. Pakistan Tobacco Company controls the largest market share at around 60%.
Pakistan Tobacco : Transmission of Annual Report for the Year Ended December 31, 2019 of Pakistan Tobacco Company Limited
Dominant forces such as government regulation and health awareness influence change in the tobacco industry. He is also the President of Consumer Dairy Global, at FrieslandCampina. Around 200 million cigarette sticks were consumed in 2011. Based on publicly available data, it seems that the formal tobacco industry caught a cold in the second half of 2016 that lasted for much of early 2017. Pakistan was a net importer of tobacco in 1948 but became self sufficient in tobacco production in 1969. There is an availability of raw material in different regions of the country but NWFP and Punjab are the major producer of the raw material.
Pakistan Tobacco : Transmission of Annual Report for the year ended on December 31, 2021
High investment cost is required to build production facilities that can mass-produce tobacco products at the national level. The impact that was felt by PAKT was visible in CY17 financials, with the company's gross turnover and profit after tax taking a noticeable hit. He is member of the Board of Directors of various strategic forums like the Associated Textile Consultants, Cherat Packaging Limited, Pakistan Business Council, and the Health Foundation. Though there are others firms but their influence on tobacco industry is not significant. To avail this facility please provide the following information to the Share Registrar Office of the Company i. Part of this understanding will be gained through performing SWOT Analysis Strengths, Weaknesses, Opportunities and Threats which will highlight the internal factors as well as the external influences which impact on the current strategic position or situation of Pakistan Tobacco Company Limited PTC Ltd.
Lower, lower mid and premium. Threat of new Entrants The barriers to entry in the Pakistan tobacco industry are low mainly due to less competition in the industry and local companies can easily enter the market however the barriers to enter the market nationally are very high. Experts divide tobacco use into two broad categories -smoking and smokeless tobacco. The excise duty is very low and difficult to understand. Get Help With Your Essay If you need assistance with writing your essay, our professional essay writing service is here to help! Shareholders can also provide their comments and questions for the agenda items of the AGM at the email address Shareholders. The company congratulate itself for being the first multi-national company to start its business in Pakistan. Traditionally Cigarette making was done by hand but nowadays it is almost fully automated, with the cut tobacco, cigarette paper and filters continuously fed into cigarette-making machines.
Annual Report 2019 PTC (Pakistan Tobacco Company) by qasim raza
Interim accounts 2022 Interim Financial Statements for Quarter ended 30th September, 2022 2,907 kb Interim Financial Statements for Half Year ended 30 June, 2022 3,744 kb Interim Financial Statements for the quarter ended 31st March, 2022 1,819 kb 2021 Interim Financial Statements for Quarter ended 30th September, 2021 2,486 kb Interim Financial Statements for the Half Year ended 30th June, 2021 2. . The demand supply also vary because of seasonal fluctuations, holy month of Ramadan, inflation and increase in population. There are also some government websites which teaches different method to quit smoking and live a healthier life. In 2011, the growth was initiated by new performance of its brand Capstan established in July 2010. Share this: Facebook Facebook logo Twitter Twitter logo Reddit Reddit logo LinkedIn LinkedIn logo WhatsApp WhatsApp logo This project is based on analysis of the tobacco industry because Tobacco in Pakistan holds an economic significance in Pakistan economy.