IBLHL in the Launching Phase of Several US, Chinese Products
Following are the most significant quotes from Financial Statements released this past week. IBL Healthcare’s (IBLHL) management is currently in the launching phase of several US and Chinese products.Pakistan International Container Terminal (PICT) is suffering from an adverse operational environment, which has been discussed in its Directors’ Report. Phillip Morris’s (PMPK) Directors too complained about the tough operating environment in their report.
Capital Assets Leasing Corporation Limited is engaged in leasing business. The Company is also engaged in renting out of vehicles through its holding company. It is undertaking car rental business with the management support of the holding company to various clients. The Company is a subsidiary of Optimus Limited.
IBL HealthCare Limited is a Pakistan-based company engaged in marketing, selling and distribution of healthcare products. The Company is engaged in providing a range of healthcare and nutritional products. The Company's divisions include Mead Johnson Nutrition, Nestle Health Science, Brand Plus, Medical Disposable Division and Principle Health Care. The Mead Johnson Nutrition division offers approximately 70 products, such as Enfamama A+, Enfamil A+ Stage 1, Enfamil A+ Stage 2, Enfagrow A+ Stage 3 and Sustagen school 6+. Nestle Health Science offers nutritional solutions for people with specific dietary needs related to illnesses, disease states or the challenges of different life stages. It offers products, such as Resource Diabetes and Resource Optimum. The Brand Plus division provides a range of baby cereals. The Medical Disposable division consist a range of medical disposables. The Principle Health Care division is a vitamin, mineral and food supplement producer.
Pakistan International Container Terminal Limited operates as a container terminal. The Company has a build operate transfer (BOT) contract with Karachi port trust (KPT) for the construction, development, operations and management of a common user container terminal at Karachi Port. Its services include online tracking, online billing, vessel schedule and short message service (SMS) inquiry. Its terminal is located at the century old port of Karachi on the East Wharf. The terminal covers an area of approximately 210,000 square meters and an additional area of over 50,000 square meters is available at adjacent storage yards in KPT area. The terminal includes ground slots of approximately 3,910 twenty-foot equivalent units and its container storage capacity is over 19,500 twenty-foot equivalent units per day. Its terminal handling capacity is approximately 750,000 twenty-foot equivalent units per annum. The Company is subsidiary of International Container Terminal Services, Inc. (ICTSI).
Philip Morris (Pakistan) is engaged primarily in the manufacture and sale of cigarettes and tobacco.
Ismail Iqbal Securities (Private) Limited (IISPL) is a TREC holder of the Pakistan Stock Exchange, as well as an SECP registered Underwriter and Book Runner. IISPL provides comprehensive financial services including Equity Sales, Research on Equities and the Macro-Economy, Investment Advisory, Portfolio Management, Corporate Finance, and extensive services for Private Equity investors. IISPL services a diversified client base, from Institutional to Retail Investors including High Net worth Individuals.
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