IPAK Stock: International Packaging Sets Up Portugal Unit
International Packaging Films Limited (IPAK) is setting up a subsidiary in Portugal, giving the PSX-listed packaging film maker a direct base inside the European Union.
Low impactLong-term
Over this period, Paper & Board shows 2 positive, 0 neutral and 0 negative news signals across its constituents. The auto-generated sector insight (top drivers with direction + rationale) appears here once the analysis worker has processed enough items.
Informational only, not investment advice. Sentiment reflects news exposure, not a buy/sell recommendation or price forecast. Do your own research and consult a licensed professional.
International Packaging Films Limited (IPAK) is setting up a subsidiary in Portugal, giving the PSX-listed packaging film maker a direct base inside the European Union.
Security Papers Limited (SEPL) declared a cash dividend of Rs9 per share, a direct cash return to shareholders of Pakistan's dedicated security-paper manufacturer.
Turkiye has formally asked Pakistan's National Tariff Commission (NTC) to revise its anti-dumping duty methodology for soda ash imports, arguing that the current 10% profit margin used for domestic industry protection is inconsistent and inflates costs for downstream industries.
The Punjab government has announced an interest-free loan scheme of up to Rs. 100 million for industrial businesses, aiming to stimulate growth in the province's manufacturing sector.
Alibaba.com's Asia Pacific General Manager, Shawn Yang, believes the next phase of CPEC, CPEC 2.0, will significantly enhance Pakistan's manufacturing and export capabilities, leading to greater global trade competitiveness.
The recently passed FY27 budget reaffirms Pakistan's commitment to trade liberalisation, continuing tariff reforms that reduce import duties. This policy aims to lower input costs for industries reliant on imported raw materials, potentially benefiting several sectors.
Cherat Packaging Limited has successfully installed and commissioned its second barrier film extrusion line, enhancing its flexible packaging production capabilities.
Karachi's transport strike has ended after successful negotiations, bringing relief to commuters and businesses. This development is positive for companies relying on efficient logistics and distribution in the city, particularly in the fast-moving consumer goods, oil marketing, and pharmaceutical sectors.
The Pakistan Textile Council has praised the Finance Bill 2026-27 for abolishing super tax on exporters and rationalizing it for other companies, while also welcoming revised income tax slabs for salaried individuals.
The federal government has increased the Benazir Income Support Programme (BISP) allocation by 17% to Rs838 billion for FY2026-27, a move expected to enhance consumer purchasing power, particularly for essential goods.
The federal government has reduced petrol prices by Rs4 per litre and diesel prices by Rs2 per litre for the coming week, while kerosene oil saw a slight increase. This weekly adjustment can lead to minor inventory losses for fuel marketing companies and offers a small, temporary reduction in transport costs for businesses across various sectors.
The federal government's proposed FY27 budget includes new taxes on a wide range of consumer goods, including milk, ghee, and formula milk, as well as agricultural medicines and plastic household items.
The federal government has proposed income tax relief for salaried individuals across four slabs and the abolition of a surcharge in the FY2026-27 budget, aiming to ease financial pressure on this segment of the population.
International Packaging Films more than doubled its third quarter profit to Rs960 million as margins widened sharply, even as a subsidiary moved to restructure debt through a rights issue.
Cherat Packaging's first half FY26 profit fell 72 percent to Rs87 million even as turnover grew 13 percent, hit by an 86 percent slump in other income and rising costs that squeezed the core margin.
EcoPack lifted first half profit 5 percent to Rs88.37 million even though sales fell 6 percent, as a sharp drop in finance costs cushioned weaker operating profit.
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