Pakistan Services Limited

PSEL

PK0008501014

Hotels, Motels & Cruise Lines

End-of-day quote Pakistan S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
864.9 ^PKR	+2.79%		-7.89%	-14.45%

Apr. 16	Pakistan Services Limited Announces CEO Changes	CI
Feb. 27	Pakistan Services Limited Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	CI

An undisclosed buyer agreed to acquire Pearl Continental Hotel from Pakistan Services Limited.

June 23, 2022

An undisclosed buyer agreed to acquire Pearl Continental Hotel from Pakistan Services Limited on June 24, 2022. The board has accorded approval for executing the business sale agreement for the disposal of its hotel property.

Latest news about Pakistan Services Limited

Pakistan Services Limited Announces CEO Changes	Apr. 15	CI
Pakistan Services Limited Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	Feb. 26	CI
Pakistan Services Limited Reports Earnings Results for the First Quarter Ended September 30, 2023	23-10-29	CI
Pakistan Services Limited Reports Earnings Results for the Full Year Ended June 30, 2023	23-10-05	CI
Pakistan Services Limited Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2022	23-02-28	CI
Tourism Promotion Services Pakistan Limited completed the acquisition of Pearl Continental Hotels Limited from Pakistan Services Limited.	22-12-13	CI
Pakistan Services Limited Reports Earnings Results for the First Quarter Ended September 30, 2022	22-10-27	CI
Pakistan Services Limited Auditor Raises 'Going Concern' Doubt	22-10-05	CI
Pakistan Services Limited Reports Earnings Results for the Full Year Ended June 30, 2022	22-09-26	CI
Pakistan Services Limited Announces Executive Changes	22-08-14	CI
Tourism Promotion Services Pakistan Limited entered into a Business Sale Agreement to acquire Pearl Continental Hotels Limited from Pakistan Services Limited.	22-06-30	CI
An undisclosed buyer agreed to acquire Pearl Continental Hotel from Pakistan Services Limited.	22-06-23	CI
Pakistan Services Limited Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2022	22-04-29	CI
Pakistan Services Limited Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2021	22-02-24	CI
Pakistan Services Limited Reports Earnings Results for the First Quarter Ended September 30, 2021	21-10-27	CI
Pakistan Services Limited Auditor Raises 'Going Concern' Doubt	21-10-05	CI
Pakistan Services Limited Reports Earnings Results for the Full Year Ended June 30, 2021	21-09-30	CI
Pakistan Services Limited Reports Earnings Results for the Third Quarter Ended March 31, 2021	21-04-27	CI
Pakistan Services Limited Reports Earnings Results for the Second Quarter Ended December 31, 2020	21-02-24	CI
Pakistan Services Limited Announces CFO Changes	20-12-09	CI
Pakistan Services Limited Reports Earnings Results for the Full Year Ended June 30, 2020	20-10-01	CI
Pakistan Services Limited Reports Earnings Results for the Third Quarter Ended March 31, 2020	20-04-29	CI
Pakistan Services Limited Reports Earnings Results for the Second Quarter Ended December 31, 2019	20-02-28	CI
Pakistan Services Limited Reports Earnings Results for the Full Year Ended June 30, 2019	19-10-01	CI
Pakistan Services Ltd. Reports Earnings Results for the Third Quarter Ended March 31, 2019	19-04-29	CI

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Company Profile

Pakistan Services Limited is a Pakistan-based company, which is principally engaged in the hotel business and owns and manages the chain of Pearl Continental Hotels in Pakistan. The Company also grants franchise to use its trademark and name Pearl Continental. The Company is also in the process of constructing hotels in Multan and Mirpur Azad Jammu and Kashmir. Pearl Continental Hotels manages approximately nine luxury hotels in Karachi, Lahore, Rawalpindi, Bhurban, Muzaffarabad, Hunza, Gwadar, Murree and Malam Jabba comprising 1,701 rooms. Its subsidiaries include Pearl Tours and Travels (Private) Limited, City Properties (Private) Limited, Elite Properties (Private) Limited, Foreepay (Private) Limited, Pak Vitae (Private) Limited, and Invency (Private) Limited.

Sector

Hotels, Motels & Cruise Lines

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Sector Hotels & Motels

	1st Jan change	Capi.
PAKISTAN SERVICES LIMITED	-14.45%	101M
WHITBREAD PLC	-16.77%	6.95B
WYNDHAM HOTELS & RESORTS, INC.	-8.23%	5.95B
CHOICE HOTELS INTERNATIONAL, INC.	+5.08%	5.91B
SHANGHAI JIN JIANG INTERNATIONAL HOTELS CO., LTD.	-7.69%	3.72B
SHANGRI-LA ASIA LIMITED	+5.97%	2.58B
ATOUR LIFESTYLE HOLDINGS LIMITED	+7.49%	2.57B
BTG HOTELS (GROUP) CO., LTD.	-3.46%	2.32B
CHALET HOTELS LIMITED	+26.90%	2.31B
MANDARIN ORIENTAL INTERNATIONAL LIMITED	+10.26%	2.17B