The Pakistan Credit Rating Agency Limited
03-Nov-25
Analyst
Muhammad Atif Chaudhry
Atif.Chaudhry@pacra.com
+92-42-35869504
www.pacra.com
Applicable Criteria
- Methodology | Correlation Between Long-term & Short-term Rating Scales | Apr-25
- Methodology | Rating Modifiers | Apr-25
- Methodology | Corporate Rating | Jul-25
Related Research
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PACRA Withdraws the Entity Ratings of LOTTE Kolson (Pvt.) Limited
| Rating Type | Entity | |
|
Current (03-Nov-25 ) |
Previous (23-May-25 ) |
|
| Action | Withdraw | Maintain |
| Long Term | - | A- |
| Short Term | - | A2 |
| Outlook | Stable | |
| Rating Watch | - | Yes |
Following the management’s decision to discontinue the entity ratings of LOTTE Kolson (Pvt.) Limited, PACRA has withdrawn the entity ratings with immediate effect.
About
the Entity
LOTTE Kolson (Pvt.) Limited was incorporated in March, 1975. The Company was fully acquired by LOTTE WELLFOOD Co. Ltd. in 2014, Primary business activity of the Company involves manufacture and sale of five product categories, namely, i) Snacks, ii) Biscuits, iii) Pasta, iv) Cakes, and v) Gum. The Company has six production facilities concentrated in Karachi, Lahore, and Islamabad. Major shareholding (~ 96.5%) lies with LOTTE WELLFOOD Co. Ltd., a subsidiary of LOTTE Corporation which is one of the biggest conglomerates in South Korea. Remaining shareholding (~3.5%) lies with Mr. Dong Bin Shin, Chairman of LOTTE Corporation. The Company is headed by Mr. Khayyam Rajpoot, who is the CEO.