Merit Packaging Ltd. 2024 AR2
The report highlights Merit Packaging Limited's performance and strategic initiatives for the fiscal year ended June 30, 2024. Despite a challenging economic environment in Pakistan, the company increased its revenue by 4.7% to PKR 6.64 billion, although it sustained a net loss of PKR 186.36 million. Key operational milestones included securing its first export order and entering into a sale and leaseback agreement to reduce finance costs. The company also advanced its sustainability efforts by partnering with the World Wide Fund for Nature (WWF) for Earth Day and implementing community empowerment and employee well-being initiatives.
Company: Merit Packaging Ltd.
Sector: Manufacturing
Country: Pakistan
Year: 2024
Type: AR2
Pages: 114
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Merit Packaging Ltd.
Annual Report
The report highlights Merit Packaging Limited's performance and strategic initiatives for the fiscal year ended June 30, 2024. Despite a challenging economic environment in Pakistan, the company increased its revenue by 4.7% to PKR 6.64 billion, although it sustained a net loss of PKR 186.36 million. Key operational milestones included securing its first export order and entering into a sale and leaseback agreement to reduce finance costs. The company also advanced its sustainability efforts by partnering with the World Wide Fund for Nature (WWF) for Earth Day and implementing community empowerment and employee well-being initiatives.
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Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees