Lucky Core Industries : Transmission of Annual Report for the Year Ended June 30, 2023 - Revised
September 12, 2023 at 03:52 am EDT
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ANNUAL REPORT
2022
23
Journey of
Enriching Lives
ANNUAL REPORT 2022-23
1
Journey of
Enriching Lives
2 Lucky Core Industries Limited
A line is never just a line.
A seemingly simple element, the line is versatile and endless. From its humble beginning as a mere dot, the line expands and extends to lend its form to create other shapes. Signifying movement and progression, with each step taken, the line evolves, carving a path of purpose and meaning.
Lucky Core Industries Limited's journey is much like that line. The path we embarked upon more than seven decades ago, starting from a single manufacturing unit, has since been shaped by a profound purpose to enrich lives and contribute to Pakistan's progress. Today, we stand at the core of almost every industry and are a part of every household across the nation. All our businesses, endeavours, and the lasting impact we aim to create, are interconnected with a singular purpose of Improving Lives beyond our boundaries.
Moving forward on our Journey of Enriching Lives, our new name reaffirms our commitment to creating shared value. Each step we take shapes a brighter and more sustainable future for generations to come.
ANNUAL REPORT 2022-23
1
Contents
04 Review of the Chairman
Message from the Chief Executive
About the Report
Company Information
Organisational
Overview
12 Vision, Mission and Values
14 Code of Conduct
Lucky Core Industries Limited at a Glance
Geographical Presence
A Year in Highlights
Group Structure
Organisational Structure
Executive Management Team
24 The Road to Enriching Lives - Company Timeline
26 A Team Dedicated to Making a Difference
28 Creating Value Through Digital Transformation
Innovating and Improving for Greater Impact
Awards and Achievements
SWOT Analysis
Competitive Environment Analysis
Significant Factors Affecting the External Environment
Strategy
38 Value Creation Model
Value Addition and its Distribution
Strategy and Resource Allocation
43 Key Capabilities and Resources Providing Sustainable Competitive Advantage
43 Effects of External factors on Strategy and Resource Allocation
Governance and Compliance
46 Board of Directors
Board Committees
Report of the Directors
61 Statement of Compliance
Independent Auditor's Review Report
Corporate Governance and Compliance
70 Report of the Board Audit Committee
72 Risks and Opportunities
2 Lucky Core Industries Limited
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Lucky Core Industries Ltd. published this content on 12 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 September 2023 07:51:08 UTC.
Lucky Core Industries Limited is a Pakistan-based manufacturing and trading company consisting of diverse businesses: Polyester, Soda Ash, Chemicals, Agri Sciences, Pharmaceuticals and Animal Health. Through these businesses, the Company manufactures and trades in a range of products, including polyester staple fiber (PSF), soda ash, general and specialty chemicals, pharmaceuticals, nutraceuticals, animal health products and agricultural products (including chemicals, field crop seeds, vegetable seeds and more). It also acts as an indenting agent and toll manufacturer. Its Soda Ash business manufactures three different products: light ash, dense ash, and refined sodium bicarbonate. Its Chemicals and Agri Sciences business consists of five divisions: General Chemicals (GC), Polyurethanes (PU), Specialty Chemicals (SC), Masterbatch (MB) and Agri Sciences. It manufactures, markets, and distributes pharmaceutical products, including drugs that fight life-threatening diseases.