HOECHST PAKISTAN LIMITED Ref: Fin-0011/2024
April 04, 2024
The General Manager
Pakistan Stock Exchange Limited
Stock Exchange Building
Stock Exchange Road
Karachi -74000.
SUBJECT: CORPORATE BRIEFING SESSION
Dear Sir
This is to inform you that the Corporate Briefing Session (CBS) of Hoechst Pakistan Limited (formerly Sanofi-Aventis Pakistan Limited) is scheduled to be held at 02:00 p.m. on Monday, April 08, 2024 at the Auditorium of Institute of Chartered Accountants of Pakistan, Chartered Accountants Avenue, Block 8, Clifton, Karachi and via Zoom to brief the investors and analysts about the Company's current financial performance and outlook. The flyer for the CBS along with ancillary details is attached herewith.
As per the requirements of PSX Notice No. PSX/N-1120 dated November 02, 2023, please also find attached herewith presentation for the captioned CBS, which has also been uploaded on the Company's website.
We would appreciate your assistance in communicating this information to members of the Exchange.
Yours sincerely
Syed Muhammad Taha Naqvi
Company Secretary
Corporate Briefing Session
Hoechst Pakistan Limited (HPL)
You are cordially invited to the Corporate Briefing Session of Hoechst Pakistan Limited (formerly Sanofi- Aventis Pakistan Limited) wherein the Company's senior management will discuss the Company's financial performance and outlook.
The details are as under:
FOR IN-PERSON ATTENDANCE:
Date and Day: April 08, 2024, Monday
Venue: Auditorium, The Institute of Chartered Accountants of Pakistan, Chartered Accountants Avenue, Block 8, Clifton, Karachi
Time: 02:00 pm.
Presentation to be followed by a Q&A session.
FOR VIRTUAL ATTENDANCE:
Those who wish to attend virtually may register by sending in their Name, Folio Number, E-mail Address and Cell Phone Number (for analysts, please also include the Name of the Institution being represented) via email at shares.desk@hoechst.com.pk with subject line "Registration for Hoechst Pakistan Limited Corporate Briefing Session 2024".
The login credentials to join the session virtually will be shared with the shareholders and analysts from whom emails containing all the required particulars are received at the given email address before 3:00 P.M. on April 05, 2024.
For coordination, please contact
Corporate Secretarial Department
Hoechst Pakistan Limited
(formerly Sanofi-Aventis Pakistan Limited) shares.desk@hoechst.com.pk
CORPORATE BRIEFING SESSION
April 8th 2024
Agenda
- Presentation by the Management
- Q&A Session
2
Economic Factors
GDP - FY 2023
0.20%
(IMF projects 2.50% GDP
growth in 2024)
Source:
Economic Indicators (www.tradingeconomics.com/Pakistan)
Inflation Rate | |
29.66% | Current Interest Rate |
(IMF projects 23.60% inflation | 22% |
rate in 2024) |
Exchange Rate
USD 281.86/ PKR
EUR 311.50/ PKR
Inter-bank exchange rates as of December 31, 2023 (www.forex.pk) | 3 |
Pakistan Pharma Market
Rs
Value in
PKR
(MAT DEC 2023)
788.2
Billion PKR
10,696
Active Products
Growth in Total Players
PKR | 637 |
(MAT DEC 23 VS MAT DEC 22) | NC-613 |
18.6% | |
MNC-24 | |
CAGR | Market Share% |
2019-2023 | NC:MNC |
16.6% | |
76:24 |
Top 20
Share
71.1%
Top 20
Revenue
(MAT DEC 2023)
560.6
Billon PKR
Hoechst
Share
2.5%
Growth
15%
Rank
13th
Source: IQVIA PKPI DEC 2023 Exc.V06 & V07 | 4 |
About the Company
- Established in 1967 and is listed on Pakistan Stock Exchange
- Overall Revenue: Rs. 21B
- Market share: 2.5%
- Gross Margin: 26%, PBT/Sales: 4%
- Production Facilities: Karachi-Korangi Industrial Area
Portfolio Mix -%
Cardiology & | Oncology |
2% | |
Speciality | |
12% |
Others
14%
Consumer
Healthcare
14%
Diabetes
16%
Core
Business
42%
5
Our Key Brands
6
2023 - Happening Year
(Change of Management & Control in April 2023)
Pre closure Shareholding-% | Post closure Shareholding-% |
General Public, | |||
Fin. Institutions, | 7% | Fin. | General Public, |
Institutions, 5% | 2% | ||
5% | |||
AAG | AAG | ||
Family/Affiliates | |||
Family/Affiliates | |||
, 10% | |||
, 21.9% | |||
Directors Family | Packages, | ||
& Affiliates, 6% | Sanofi, 52.87% | 41.1% |
IGI Investments,
19%
Acquisition by Investor Consortium | |
Packages | 41.07% |
IGI Investments | 5.87% |
AAG Family / Affiiliates | 12.00% |
58.94% |
Directors,
Family and
Affiliates, 6%
IGI
Investments,
25.0%
Packages Group Holding ~ 25% | Packages Group Holding ~ 72% |
7
2023 - Journey at a Glance
Apr 2023 | Sep 2023 | Oct 2023 | Dec 2023 |
Acquisition of 52.87% shares by Investor Consortium led by
Packages Limited
Change of Name | Change of Symbol at | Launch of Hoechst |
from Sanofi-Aventis | PSX from SAPL to | Logo |
Pakistan Limited to | HPL | |
Hoechst Pakistan | ||
Limited | ||
Launch of Hoechst | ||
website |
8
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Disclaimer
Hoechst Pakistan Ltd. published this content on 04 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 April 2024 08:35:01 UTC.
