August 22, 2014 7:40 AM ET

Consumer Finance

Company Overview of Orix Leasing Pakistan Ltd

Company Overview

ORIX Leasing Pakistan Limited, a leasing company, provides cost effective value-added financial products and customized services in Pakistan. It operates in two segments, Finance Lease and Operating Lease. The company offers corporate leasing products, including lease financing options on medium and long terms basis for plant and machinery, vehicles, and office automation products; consumer auto lease; and commercial vehicle lease for small and medium enterprises. It also provides operating lease solutions, such as renting of generators, agricultural equipment, vehicles, and communication equipment; and sells used rental equipment. In addition, the company offers working capital financing se...

ORIX Building

Plot No. 16

Sector No. 24

Korangi Industrial Area

Karachi,  74900

Pakistan

Founded in 1986

437 Employees

Phone:

92 21 3514 4028

Fax:

92 21 3514 4002

Key Executives for Orix Leasing Pakistan Ltd

Orix Leasing Pakistan Ltd does not have any Key Executives recorded.

Orix Leasing Pakistan Ltd Key Developments

Orix Leasing Pakistan Limited Announces Directorate Changes

Orix Leasing Pakistan Limited announced the appointment of Mr. Muhammad Raeesuddin Paracha as Director of the company after the resignation of Mr. Alamuddin Bullo.

Orix Leasing Pakistan Ltd Announces Alamuddin Bullo Resigned from the Board, Effective from April 24, 2014

Orix Leasing Pakistan Ltd. announced that Mr. Alamuddin Bullo, director of the company resigned from the board, effective from April 24, 2014.

Orix Leasing Pakistan Ltd Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended March 31, 2014

Orix Leasing Pakistan Ltd. announced unaudited earnings results for the third quarter and nine months ended March 31, 2014. For the quarter, the company reported income from operations of PKR 833,830,763 against PKR 770,654,472 a year ago. Profit before tax was PKR 164,718,367 against PKR 115,577,633 a year ago. Profit for the period was PKR 134,718,367 against or PKR 1.64 per basic and diluted share against PKR 91,077,633 or PKR 1.11 per basic and diluted share a year ago. For the nine months, the company reported income from operations of PKR 2,494,268,840 against PKR 2,318,368,653 a year ago. Profit before tax was PKR 480,696,273 against PKR 291,012,970 a year ago. Profit for the period was PKR 379,696,273 against or PKR 4.63 per basic and diluted share against PKR 236,512,970 or PKR 2.88 per basic and diluted share a year ago.

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