Pakistan Engineering Company

Pakistan Engineering Company
Company typePublic
PSX: PECO
IndustryEngineering
Founded1932 (1932)
FounderCM Latif
HeadquartersLahore, Pakistan
Revenue Rs. 1.424 billion (US$4.9 million) (2018)
Rs. −81.414 million (US$−280,000) (2018)
Rs. −69.956 million (US$−240,000) (2018)
Total assets Rs. 15.968 billion (US$55 million) (2018)
Total equity Rs. 13.667 billion (US$47 million) (2018)
OwnerState Engineering Company (24.88%)
Rotocast Engineering Company (24.50%)
Number of employees
395 (2018)
Websitepeco.com.pk
Footnotes / references
Financials as of 30 June 2018

Pakistan Engineering Company (PECO), formerly known as Batala Engineering Company (BECO) is a Pakistani engineering company based in Lahore. It was established by Chaudhry Mohammad Latif Arain in Batala, East Punjab, British India in 1932 and moved to Lahore, Pakistan after partition. The company was named as Batala Engineering Company Ltd after the name of Latif’s hometown.