PTC paid Rs 103.5b taxes to kitty in FY 2018-19.

ISLAMABAD -- The Board of Directors of Pakistan Tobacco Company Limited (PTC), one of the first multi-nationals to operate in Pakistan since 1947, has released results of the company for the first half of 2019. According to the reAsults, the PTC has for the first time crossed the Rs. 103.5 billion figure as contribution to government revAenues through payment of federal excise duty, sales tax and income tax (FY 2018-19). This translates to a 32% growth versus same period last year (FY 2017-18) whereby Rs. 78.4 billion was contributed. The Board also declared an interim dividend of Rs. 13.0 per share. The Board...