Packages Limited


Packages Limited is a Pakistani packaging company based in Lahore, Pakistan. The company was founded in 1956. The company is known for their tissue brand, Rose Petal.
The company is listed on the Pakistan Stock Exchange.

History

Packages Limited was founded in 1956 as a joint venture between the Wazir Ali Group and Swedish companies Akerlund and Rausing of which 73 percent shares were owned by Wazir Ali Group.
The company is owned by Syed Babar Ali. It's the flagship company of Syed Babar Ali Group of Companies.

Companies

The group owns following companies:
In first quarter of 2016, company announced revenue of Rs1.8bn which showed 22 percent growth from the previous year.

Incidents

On 10 November 2011, fire broke out at the factory turning a huge amount of Packaging paper, paper roll and manufactured tissue paper into ashes. Reportedly the fire erupted in the tissue-manufacturing area. Then it spread to the packaging and storage sections.