Board meeting of Packages Limited to be held on October 16, 2014

Karachi, Packages Limited informed Karachi Stock Exchange about the board meeting of the company scheduled to be held on October 16, 2014 at Lahore. The agenda of the meeting shall be consideration of quarterly accounts for the period ended September 30, 2014. Further, the closed period of the company shall be from October 09, 2014 to October 16, 2014 Packages Limited is a public limited company incorporated in Pakistan. The company is principally engaged in the manufacture and sale of paper, paperboard, packaging materials and tissue products. The stocks of the company are quoted on the Karachi Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Karachi. On September 17, 2012 the company has entered into a 50/50 joint venture with the ‘Stora Enso OYJ Group’ of Finland in its 100% wholly owned subsidiary Bulleh Shah Packaging Private Limited. The Joint Venture will include Paper & Paperboard and Corrugated business operations at Kasur and Karachi and will involve initial equity participation of Stora Enso of 35% by way of subscription of right shares with a commitment to increase the shareholding to 50% at a later stage subject to certain conditions being met. The company also decided to close down its Paper and Paperboard operations in Lahore which has divided the business into continuing and discontinued operations. The symbol “PKGS” is being used by the stock exchanges for the shares of Packages Limited.

Packages Limited’s financial results for the half year ended 30 June 2013

Karachi, August 26, 2013 (PPI-OT): The Board of Directors of Packages Limited (PKGS) in their Meeting held today at 11:30 A.M. at Lahore gave their permission for the release and placing on the Company’s website (http;//www.packages.com.pk/periodical_reports.htm) the unaudited condensed interim financial information in respect of the above captioned period. The financial results of the Company are as follows:- Quarter ended Half year ended June 30, June 30, June 30, June 30, 2013 2012 2013 2012 (Rupees in thousands) (Rupees in thousands) Local sales 5,115,071 3,556,746 9,341,031 6,807,880 Export sales 10,277 18,779 29,718 29,856 ———– ———– ———– ———– Gross sales 5,125,348 3,575,525 9,370,749 6,837,736 Less: Sales tax and excise duty 698,865 572,181 1,274,534 1,105.771 Commission 6,021 4,778 11,707 6,361 ———– ———– ———– ———– 704,886 576,959 1,286,241 111,132 ———– ———– ———– ———– Net sales 4,420,462 2,998,566 8,084,508 5,725,604 Cost of sales (3,906,994) (2,626,169) (6,933,793) (5,084,560) ———– ———– ———– ———– Gross profit 513,468 372,397 1,150,715 641,044 Administrative expenses (173,202) (67,400) (312,706) (154,755) Distribution and marketing costs (183,603) (89,282) (309,336) (158,331) Other operating expenses (32,911) (2,906) (94,902) (15,027) Other operating income 118,610 154,618 131,277 186,589 ———– ———– ———– ———– Profit from operations 242,362 367,427 565,048 499,520 Finance costs (207,948) (119,951) (399,904) (237,076) Investment income 587,440 86,807 1,232,810 674,777 Reversal of impairment charged on investments – 252,018 – 252,018 ———– ———– ———– ———– Profit before taxation 621,854 586,301 1,397,954 1,189,239 Taxation (219,979) (172,822) (341,968) (306,807) ———– ———– ———– ———– Profit for the period from Continuing operations 401,875 413,479 1,055,986 882,432 Profit for the period from Discontinued operations (153,366) (267,408) (151,839) (538,524) ———– ———– ———– ———– Profit for the period 248,509 146,071 904,147 343,908 ———– ———– ———– ———– Basic earnings (loss) per share From Continuing operations Rupees 4.76 4.90 12.51 10.46 From Discontinued operations Rupees (1.82) (3.17) (1.80) (6.38) ———– ———– ———– ———– Fm Profit for the period Rupees 2.94 1.73 10.71 4.08 ———– ———– ———– ———– Diluted earnings/(loss) per share From Continuing operations Rupees 4.41 4.66 11.48 9.84 From Discontinued operations Rupees (1.82) (3.17) (1.80) (6.38) ———– ———– ———– ———– From Profit for the period Rupees 2.59 1.49 9.68 3.46 ———– ———– ———– ———– Three hundred copies of the unaudited condensed interim financial information will be sent to you shortly for distribution amongst the Members of the Exchange. Additionally, the half yearly financial results shall also be e-mailed to the Exchange by this evening at aqfs@kse.com.pk in Portable Document Format (PDF) to enable the Exchange to place the same on its website. For more information, contact: (Adil Cawasji) Company Secretary Packages Limited Shahrah-e-Roomi, P.O. Amer Sidhu, Lahore- 54760, Pakistan Ph: 35811541-46 Fax: (042) 35811195

Packages Limited’s dispatch of dividend warrants

Karachi, May 27, 2013 (PPI-OT): We are pleased to inform you that we have dispatched today by Registered Post all Dividend Warrants for the year ended 31 December 2012 to the shareholders of the Company. For more information, contact: Adi J. Cawasji Company Secretary Packages Limited Shahrah-e-Roomi, P.O. Amer Sidhu, Lahore- 54760, Pakistan Ph: 35811541-46 […]