empowering WOMEN
INSPIRING progress
ANNUAL REPORT 2023
Art by: Saqlain Haider
2 Century Paper & Board Mills Limited
empowering WOMEN
INSPIRING progress
The women of our society are the foundation of our strength, the source of our resilience, and the catalysts of our progress. They have played a vital role in the social, economic, and cultural advancement of the nation. Be it leadership, entrepreneurship, social work, health, education, justice, fine arts or caregivers of a family, all areas have been uplifted by their contribution and informed by their unique perspectives. They have created a strong legacy of excellence and empowerment.
Women represent more than half of us, and they deserve equal opportunities for education, economic participation, and leadership. By advancing towards "National SDG 5: Achieve gender equality and empower all women and girls", we can liberate the true potential of our female population, which will usher in a new era of innovation, diversity, and progress for our nation.
Century Paper is committed to promoting women's empowerment through various initiatives. The company provides skill development programs and creates a culture of inclusion, enabling women to become self-sufficient and productive members of the workforce.
The theme of this year's annual report is a celebration of our women, featuring a few eminent females of our society and women in the Company. Century Paper also reaffirms its pledge to accelerate its progress toward Gender Equality and Women Empowerment.
TABLE OF
CONTENTS
OVERVIEW & | |||
STRATEGY | 04 - 35 | ||
Core Values | 04 | ||
Code Of Ethics | 05 | ||
Company Profile | 08 | ||
Milestones | 14 | ||
Certifications & Awards | 16 | ||
Organogram | 21 | ||
Year At A Glance | 26 | ||
Key Figures And Ratios | 27 | ||
Dupont Analysis | 28 | ||
Statement Of Value Added | 29 | ||
Summarized Six Year Data | 30 | ||
Financial Performance | 32 | ||
Horizontal And Vertical Analysis | 34 | ||
GOVERNANCE & | 42 - 103 | ||
COMPLIANCE | 159 - 162 | ||
Corporate Information | 42 | ||
Shareholders' Information | 44 | ||
Notice Of Annual General Meeting | 46 | ||
Board Of Directors | 53 | ||
Directors Profile | 54 | ||
Review Report By The Chairman | 57 | ||
Chairman's Message | 64 | ||
Directors' Report | 66 | ||
ٹئ | 99 | ||
ی | |||
ٹرپور زر�ر�اڈ | |||
Statement Of Compliance With The Code Of | 100 | ||
Corporate Governance | |||
Auditor's Review Report On Statement Of Compliance 103 | |||
Pattern Of Shareholding | 159 | ||
Form Of Proxy | |||
SUSTAINABILITY
REPORT38 - 41
FINANCIAL
STATEMENTS104 - 158
2 Century Paper & Board Mills Limited
VISION
To be the market leader and an enduring force in the paper, board and packaging industry, positively influencing and providing value to our stakeholders, society and our nation.
Annual Report 2023 | 3 |
MISSION
To strive incessantly for excellence and sustain our position as a preferred supplier of quality paper, board and packaging material within a team environment and with a customer focussed strategy.
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