Merit Packaging Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Amir Chapra

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3.3yrs
CEO ownership	n/a
Management average tenure	no data
Board average tenure	3.1yrs

Recent management updates

Recent updates

CEO

Amir Chapra

3.3yrs

Tenure

Mr. Amir Ahmed Chapra has been Chief Executive Officer of Merit Packaging Limited since March 01, 2021 and also served as its Director until 2021.

Board Members

Name	Position	Tenure	Compensation	Ownership
Amin Lakhani	Non-Executive Director	no data	no data	0.063% PKR 1.6m
Iqbal Lakhani	Non-Executive Chairman	no data	no data	0.064% PKR 1.6m
Anushka Lakhani	Non-Executive Director	7.3yrs	no data	0.018% PKR 466.9k
Asim Rafiq	Independent Director	less than a year	no data	no data
Farrukh Ansari	Independent Director	9.1yrs	no data	0.00062% PKR 15.9k
Aftab Ahmad	Non-Executive Director	3.1yrs	no data	0.062% PKR 1.6m
Ahmed Munaf	Independent Director	3.1yrs	no data	0.52% PKR 13.3m
Adeeb Ahmed	Independent Director	less than a year	no data	no data

3.1yrs

Average Tenure

Experienced Board: MERIT's board of directors are considered experienced (3.1 years average tenure).

Merit Packaging Management

Management criteria checks 1/4

Key information

Recent management updates

Merit Packaging Limited Appoints Sheikh Asim Rafiq as Independent Director

Less than half of directors are independent

Less than half of directors are independent

Merit Packaging Limited Announces Executive Changes

Recent updates

Now 21% overvalued after recent price rise

Merit Packaging Limited Appoints Sheikh Asim Rafiq as Independent Director

Now 20% overvalued after recent price rise

Third quarter 2024 earnings released: PK₨0.06 loss per share (vs PK₨0.14 loss in 3Q 2023)

Second quarter 2024 earnings released: PK₨0.22 loss per share (vs PK₨0.33 loss in 2Q 2023)

New major risk - Share price stability

First quarter 2024 earnings released: PK₨0.08 loss per share (vs PK₨0.019 profit in 1Q 2023)

Full year 2023 earnings released: PK₨0.68 loss per share (vs PK₨1.14 loss in FY 2022)

New major risk - Share price stability

Third quarter 2023 earnings released: PK₨0.14 loss per share (vs PK₨0.099 loss in 3Q 2022)

Second quarter 2023 earnings released: PK₨0.33 loss per share (vs PK₨0.34 loss in 2Q 2022)

Less than half of directors are independent

First quarter 2023 earnings released: EPS: PK₨0.02 (vs PK₨0.71 loss in 1Q 2022)

Third quarter 2022 earnings released: PK₨0.10 loss per share (vs PK₨1.07 loss in 3Q 2021)

Less than half of directors are independent

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Full year 2021 earnings released: PK₨7.01 loss per share (vs PK₨8.59 loss in FY 2020)

Third quarter 2021 earnings released: PK₨1.07 loss per share (vs PK₨2.40 loss in 3Q 2020)

New 90-day low: PK₨13.56

Merit Packaging Limited Announces Executive Changes

Second quarter 2021 earnings released: PK₨2.13 loss per share (vs PK₨2.22 loss in 2Q 2020)

New 90-day high: PK₨16.68

New 90-day low: PK₨13.67

First quarter earnings released

Full year earnings released - PK₨8.59 loss per share

New 90-day high: PK₨15.67

Full year earnings released - PK₨8.59 loss per share

New 90-day high - PK₨14.93

CEO

Tenure

Board Members

Average Tenure