CPPL to sell universal paper sack Line V

By MG News | June 26, 2023 at 01:35 PM GMT+05:00

0:00

June 26, 2023 (MLN): The Board of Directors (BoD) of Cherat Packaging Limited (PSX: CPPL) has authorized the management to sell line V, the universal paper sack Line of the company, CPPL’s latest filing on PSX revealed.

“The company will be able to meet the limited demand for paper sacks with its lines III and IV having a combined capacity of 160 million paper sacks per annum,” the notice reads.

Moreover, the board has approved the annual budget of the company for the financial year 2023-24.

Copyright Mettis Link News

Related News

Weekly Market Roundup

TRG in Supreme Court

UDPL attributes filing delay to internal issues

Name	Price/Vol	%Chg/NChg
KSE100	131,949.07 198.95M	0.97% 1262.41
ALLSHR	82,069.26 730.83M	0.94% 764.01
KSE30	40,387.76 80.88M	1.11% 442.31
KMI30	191,376.82 77.76M	0.36% 678.77
KMIALLSHR	55,193.97 350.11M	0.22% 119.82
BKTi	35,828.25 28.42M	3.64% 1259.85
OGTi	28,446.34 6.84M	-1.02% -293.01

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,125.00	110,525.00 107,865.00	-2290.00 -2.07%
BRENT CRUDE	68.51	68.89 67.75	-0.29 -0.42%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.75 0.78%
ROTTERDAM COAL MONTHLY	106.00	106.00 105.85	-2.20 -2.03%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.50	67.18 66.04	-0.50 -0.75%
SUGAR #11 WORLD	16.37	16.40 15.44	0.79 5.07%