Dear Shareholders,
As I write this message, we are in the throes of one of the worst natural disasters in our country’s history- its effects only poised to get worse. My team and I are devastated and express our deepest condolences to all those affected. At RPL, we remain committed to serving our nation and people how ever we are able. To this end, we have announced free & subsidized cartons and boxes for NGOs and Organizations wanting to send goods to flood affectees across the region. Moreover, we hope to partner with Organizations in need as the crisis deepens and hope to rebuild a green Pakistan together.

As we try to mitigate the effects of the floods, we must remember that this is the beginning of what is purported to be a series of climate change disasters in the region. A move towards a green circular economy and way of life is the only sustainable solution to an otherwise disastrous future. The months leading up to the floods have not been easy either, Pakistani individuals and companies alike have been managing rising inflation, a tanking currency and import restrictions.

Our raw material, which is recycled paper made using waste from other countries, has thus seen a rapid increase in prices and lack of availability. However, we continue to operate in these uncertain times using our expertise and experience to provide our customers with uninterrupted service. While the economic and physical devastation of our country is deeply worrying it also serves to confirm that the solution lies in a Green Pakistan. Our long term vision has always focused on a Green Circular Economy: using and thus curbing waste to create new products locally. This has allowed us to remain dynamic in response to these challenges, driving us to realize the growth opportunities within a rapidly changing world. We are currently partnering with all stakeholders to meet these challenges as efficiently as possible with the ultimate goal of securing the supply chain and ensuring the delivery of innovative and sustainable solutions.

To realize this green and sustainable vision of growth, we are increasing our investments in our people, digital platforms and sustainable research and design to meet the needs of our resilient FMCG and e-commerce customers. We are thus well positioned to respond to continued macroeconomic and geopolitical challenges as they arise-ready to meet the growing demand for sustainable packaging and driving the way in which customers value packaging. Moreover, I am happy to announce that we are satisfied with our response to numerous difficult challenges during the last year. None of which would have been possible without the commitment, professionalism and flexibility of our employees in these extraordinary times. We consistently aim to delight our customers with our services and that is impossible without our people.

Tayyab Aijaz

Chief Executive Officer

Roshan Packages Limited