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Cherat Packaging Ltd
Modern Motors House, Beaumont Road
Phone: +92 215683566p:+92 215683566 KARACHI, 75530  Pakistan Ticker: CPPLCPPL
Business Summary
Cherat Packaging Limited is a Pakistan-based producer and supplier of packaging material to the cement industry. The Company’s principal business activities are manufacturing, marketing and sale of paper sacks, polypropylene bags, and flexible packaging material. The Company also produces bags for sugar, rice, and chemical sectors. The Company operates through two segments: Bags manufacturing division and Flexible packaging division. Bags manufacturing division engages in kraft paper and polypropylene bags manufacturing. Flexible packaging division engages in extrusion, flexo graphic, and rotogravure printing. The Company’s products include flexible packaging material, kraft paper bags, and polypropylene bags. The Company has an annual production capacity of approximately 660 million kraft paper and polypropylene combined bags and 16.2 million Kgs of flexible packaging material.

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
9/30/20246/30/2024Yes----

Industries
SIC Code Description
2671 Packaging paper and plastics film, coated and laminated
2673 Plastics, foil, and coated paper bags
2754 Commercial printing, gravure

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board AkbaraliPesnani 11/2/2017
Chief Executive Officer, Executive Director AmerFaruque 1/1/2009 1/1/2009
Chief Financial Officer and Executive Director YasirMasood
6 additional Officers and Directors records available in full report.

General Information
Number of Employees: 315 (As of 6/30/2024)
Outstanding Shares: 49,095,393 (As of 9/30/2024)
Shareholders: 1,674
Stock Exchange: PSX
Fax Number: +92 2135683425


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Friday, November 22, 2024