Tag: Pakistan

2013 Pakistan Tobacco profits 202 percent higher than 2012

2013 Pakistan Tobacco profits 202 percent higher than 2012

| April 22, 2013

The Pakistan Tobacco Company has announced its results for the quarter ended March 31, 2013, recording stellar earnings of Rs1.09 billion as compared to only Rs359 million earned in the same period of the preceding year (translating into 202 percent growth). The company has also announced an interim dividend of Rs2 per share alongside the results, […]

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Pakistan has $175.8 million reasons to tackle tobacco smuggling

Pakistan has $175.8 million reasons to tackle tobacco smuggling

| April 17, 2013

Pakistan is losing 17 billion Pakistani rupees ($175.8 million) per annum due to the illicit cigarette trade, which represents about 26.7 percent of total cigarettes consumed in terms of volume. According to a research paper compiled by the Euromonitor International, and cited in a story published by the Asia News Network, Pakistan ranked third-highest in […]

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