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Pakistan Services Ltd.
1st Floor, NESPAK House, G-5/2
Phone: +92 512272890p:+92 512272890 ISLAMABAD, 44000  Pakistan Ticker: PSELPSEL
Business Summary
Pakistan Services Limited is a Pakistan-based company, which is principally engaged in the hotel business and owns and manages the chain of Pearl Continental Hotels in Pakistan. The Company also grants franchise to use its trademark and name Pearl Continental. The Company is also in the process of constructing hotels in Multan and Mirpur Azad Jammu and Kashmir. Pearl Continental Hotels manages approximately nine luxury hotels in Karachi, Lahore, Rawalpindi, Bhurban, Muzaffarabad, Hunza, Gwadar, Murree and Malam Jabba comprising 1,701 rooms. Its subsidiaries include Pearl Tours and Travels (Private) Limited, City Properties (Private) Limited, Elite Properties (Private) Limited, Foreepay (Private) Limited, Pak Vitae (Private) Limited, and Invency (Private) Limited.
(Source: F-4)

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

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
7011 Hotels and motels

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board SadruddinHashwani 3/28/2017 9/25/2014
Chief Executive Officer, Executive Director MurtazaHashwani 3/29/2017
Chief Financial Officer TahirMehmood 12/9/2020 11/1/2018
7 additional Officers and Directors records available in full report.

Business Names
Business Name
Pakistan Services Ltd.
PSEL

General Information
Number of Employees: 1,894 (As of 6/30/2023)
Outstanding Shares: 32,524,170 (As of 12/31/2023)
Shareholders: 903
Stock Exchange: PSX
Fax Number: +92 512878636


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Thursday, April 18, 2024