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Thal Ltd
4th Floor
House of Habib, Shahrah-e-Faisal
Phone: +92 2134312030p:+92 2134312030 KARACHI, 75350  Pakistan Ticker: THALLTHALL
Business Summary
Thal Limited is a Pakistan-based company. The Company is engaged in the manufacture of jute goods, engineering goods, packaging, and laminate sheets. The jute operations are located at Muzaffargarh, Punjab, engineering operations at Karachi, Sindh, packaging operations at Hub, Balochistan and Gadoon, Khyber Pakhtunkhwa and laminate operations at Hub, Balochistan. The Company operates through two segments: the engineering segment and the packaging, building material & allied products segment. The Company’s engineering segment comprises the Thermal & Engine Components Division, and Electric Systems Division. These divisions are primarily focused on the manufacturing of parts for the automotive industry. The Company’s packaging, building material & allied products segment comprises: Jute Division, Packaging Division, and Laminates Division. The Laminates division operates under the brand name Formite in the engineered surface industry offering technical laminates and laminated boards.
(Source: F-4)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20236/30/2023Yes----

Industries
SIC Code Description
3714 Motor vehicle parts and accessories
3613 Switchgear and switchboard apparatus
5211 Lumber and other building materials dealers
6531 Real estate agents and managers

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board Rafiq M.Habib
Chief Executive Officer, Executive Director Muhammad TayyabTareen 7/1/2019 7/1/2019
Chief Financial Officer ShahidSaleem
5 additional Officers and Directors records available in full report.

Business Names
Business Name
Thal Limited
THALL

General Information
Number of Employees: 4,262 (As of 6/30/2023)
Outstanding Shares: 81,029,917 (As of 12/31/2023)
Shareholders: 4,403
Stock Exchange: PSX
Fax Number: +92 2134312318


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Tuesday, April 23, 2024