CPPL to sell universal paper sack Line V

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

Add Mettisglobal as a Trusted Source on Google

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

Hi-Tech Lubricants sets up wholly owned polymer subsidiary

Kohinoor Mills profit edges up 4% to Rs59m

Ghani Glass quarterly profit climbs 57% to Rs1bn

Name	Price/Vol	%Chg/NChg
KSE100	165,473.05 169.80M	0.61% 1005.84
ALLSHR	100,233.56 534.61M	0.51% 503.65
KSE30	48,738.22 88.81M	0.61% 295.82
KMI30	236,512.00 63.46M	0.37% 878.48
KMIALLSHR	64,724.94 210.79M	0.32% 203.79
BKTi	45,705.08 28.72M	0.83% 376.25
OGTi	33,422.60 3.78M	-0.41% -137.94

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	81,420.00	81,745.00 80,530.00	675.00 0.84%
BRENT CRUDE	114.92	116.35 114.11	1.04 0.91%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	0.55 0.43%
ROTTERDAM COAL MONTHLY	145.80	146.10 145.80	-0.45 -0.31%
USD RBD PALM OLEIN	1,182.50	1,182.50 1,182.50	0.00 0.00%
CRUDE OIL - WTI	101.59	102.24 99.75	1.69 1.69%
SUGAR #11 WORLD	19.33	19.39 19.20	0.13 0.68%