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Pakistan Tobacco Company

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Pakistan Tobacco Company
Native name
پاکستان تمباکو کمپنی لمیٹڈ
Company typePublic
PSXPAKT
KSE 100 component
IndustryTobacco
FoundedOctober 1947 Edit this on Wikidata
Headquarters,
Key people
ProductsCigarettes
RevenueIncrease Rs. 94.86 billion (US$330 million)[1] (2022)
Increase Rs. 32.78 billion (US$110 million)[1] (2022)
Increase Rs. 21.32 billion (US$74 million)[1] (2022)
Total assetsIncrease Rs. 26.62 billion (US$92 million)[1] (2022)
Number of employees
1,051[1] (2022)
ParentBritish American Tobacco
Websitewww.ptc.com.pk

Pakistan Tobacco Company Limited (Urdu: پاکستان تمباکو کمپنی) is a Pakistani tobacco manufacturing company which is a subsidiary of British American Tobacco.[2] It is headquartered in Islamabad, Pakistan and is the biggest cigarette maker in Pakistan. It has two factories which are located in Akora Khattak (which is near Nowshera), and Jhelum.

History

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Pakistan Tobacco Company factory in Jhelum

Pakistan Tobacco Company was incorporated in 1947 immediately after independence, when it took over the business of the Imperial Tobacco Company of British India which had been operational in the South Asia since 1905.[3]

In 1956, Pakistan Tobacco Company was listed on the Karachi Stock Exchange.[4]

It has evolved from being just a single factory operation to a company which is involved in every aspect of cigarette production, from tobacco cultivation to packaging.

BPO hub

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Pakistan Tobacco Company will establish its Business Process Outsourcing (BPO) hub in Pakistan, which will serve the Asia Pacific and Middle East region. The hub will serve in parallel to the BPO hub in Malaysia. The company already had a BPO hub in Romania and Costa Rica.[5][6][7][8]

Factories

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The company operates two factories in following cities:

See also

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References

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  1. ^ a b c d e "PTC Annual Report 2022" (PDF). ptc.com.pk. Retrieved 6 December 2023.
  2. ^ "Pakistan Tobacco Company Limited". April 16, 2019.
  3. ^ Hussain, Dilawar (October 10, 2002). "Pakistan Tobacco Company: CORPORATE PROFILE". DAWN.COM.
  4. ^ "Pakistan Tobacco Company".
  5. ^ Ahmed, Ali (2020-12-17). "Pakistan Tobacco Company to establish BPO hub, will generate thousands of jobs". Brecorder. Retrieved 2020-12-24.
  6. ^ "British American Tobacco shifting key business to Pakistan". www.thenews.com.pk. Retrieved 2020-12-24.
  7. ^ TLTP (2020-12-17). "'PTC to set up BPO hub for Asia Pacific, Middle East in Pakistan'". Profit by Pakistan Today. Retrieved 2020-12-24.
  8. ^ Paracha, Shahzad (2020-12-23). "British American Tobacco to set up business services hub in Pakistan". Profit by Pakistan Today. Retrieved 2020-12-24.
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