PENNA Overseas Corporation: Manufacturer, exporter and importer of martial arts uniforms, boxing products
The word "PENNA" represents Pakistan's most professional and committed manufacturer & exporter of Martial Arts Uniforms & Boxing Products. PENNA Overseas Corporation was established by Mr. Mirza Atta Ullah (father of Mr. Tahir Saleem Mirza) in 1970. Later Mr. Tahir Saleem Mirza (Chief Executive) with the help of his younger brother Mr. Zahid Saleem Mirza grown up the company and at the moment company is enjoying biggest share of Martial Arts uniforms from the international market.
Since PENNA is a team of highly technical and dedicated professionals who are truly motivated and energized in their commitments to provide their clients with an enviable level of quality products by following international quality standards. Being certified ISO 9001:2000 (Quality Management System), we worked in a totally document regime, with laid down procedures and practice ensuring transparent working and continual improvements.
PENNA proudly announces themselves the first SA8000 certified company in Pakistan for Martial Arts uniforms. PENNA is totally in compliance with social responsibility & providing all benefits to the workers as per Factory Act-1932, ILO conventions and international code of conducts implemented by their clients.
Social Contributions
We very responsibly announce ourselves a Socially Responsible Organization. We are the fist supplier of martial arts uniform and boxing gloves in Pakistan who got the SA 8000 certification from SAI. We take full responsibility for human rights within the organization & always follow Local Industrial Laws & ILO Conventions. We are being audited twice a year for the compliance of Social Accountability Standards (SA 8000) as well as various social codes of conducts from buyers. We are covering the following areas:
-- Child Labour
-- Freedom of Association & Right to Collective Bargaining
-- Forced Labour
-- Discrimination
-- Health & Safety
-- Disciplinary Practices
-- Working Hours
-- Remuneration
-- Management Systems
Achievements
We are continuously winning "The Best Export Performance Award" from FPCCI (The Federation of Pakistan Chambers of Commerce & Industry) since 2004. So it is an achievement that we are holding number 1 Position since we got it.
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KEY MACROECONOMIC AND FISCAL INDICATORS
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S.No. INDICATORS 2013-14 2014-15 2015-16 2016-17 2017-18
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1 GDP % (Constant fc) 4 4.2 4.51 5.28 5.8
2 GDP (mp Rs. Billion) 25,168.80 27,443 29,103 31,862 34,396
3 GDP (mp US $ Bn) 254.7 270 278 304 313
4 Agriculture (Growth %) 2.5 2.13 0.27 3.46 3.8
5 Industrial Sector (Growth %) 4.53 5.18 5.8 5.02 5.8
6 Services (Growth %) 4.46 4.36 5.55 5.98 6.4
7 GDP per capita (US $) 1,389 1,514 1,531 1,629 1,640.5
8 Fiscal Deficit (% of GDP) 5.5 5.3 4.6 5.8 2.3
9 Exports (US $ Billion) 25.1 23.7 20.8 20.4 23.2
10 Imports (US $ Billion) 45.1 45.8 44.8 53.0 60.9
11 Bal. of trade (US $Billion) -19.9 -22.2 -23.9 -32.58 -37.67
12 Current Account balance -3.1 -2.7 -2.3 -7.2 -17.9
(US $ Billion)
13 Inflation CPI (%) 8.6 4.5 2.8 4.1 3.92
14 Unemployment (%) 6.2 6 5.9 5.9 6.0
15 FDI (US $ billion) 1.7 0.9 2.3 2.4 3.92
16 Total External Debt & Liabilities 65.4 65.1 72.9 82.9
(US $ Billion) End Period Position
17 Net Public Debt ( % GDP) 63.5 58.3 61.2 59.4 67
18 Tax Revenue (Rs. Billion ) 2,514 2,910 3,420 3,825 4,147
19 Revenue Account Expenditure 3,687 3,481 3,600 3,905 4,298
(Rs. Billion)
20 Net Government Budgetary Borrowing 376 402 791.3 1,087 586.5
for Budgetary Support from
Banking System (Rs. Billion)
21 Credit to Private Sector in Rs. Billion 4,022 4,314 4,041.9 4,754.3 5,313.3
(Outstanding position at the end of period) (April 2018)
22 National Saving (% of GDP) 13.7 14.5 14.6 14.1 12.1
23 Foreign Exchange Reserves (US $Billion) 14.1 18.7 23.1 20.8 16.4
(1st June 2018)
24 Workers' Remittances (US $ billion) 15.8 18.7 19.9 19.3 19.622
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Source: Pakistan Economic Survey, SBP, PBS
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TRADE STATISTICS OF PAKISTAN
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(Value in Million US$)
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Period Exports Growth Rate Imports Growth Rate Balance of Trade
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2012-13 24,460 3.5 44,950 0.1 (20,490)
2013-14 25,110 2.7 45,073 0.3 (19,963)
2014-15 23,667 (5.7) 45,826 1.7 (22,159)
2015-16 20,787 (12.2) 44,685 (2.5) (23,898)
2016-17 20,448 (1.6) 53,026 18.7 (32,578)
2016-17 20,422 (0.12) 48,398 (9.5) (29,882)
2017-18 23,222 12.05 60898 14.1 (37,677)
July-17 1,631 - 4,835 - (3,204)
Aug-17 1,866 14.4 4,952 2.4 (3,087)
Sep-17 1,675 (10.2) 4,473 (9.7) (2,798)
Oct-17 1,888 12.7 4,929 10.2 (3,040)
Nov-17 1,974 4.6 4,898 (0.6) (2,923)
Dec-17 1,977 0.1 4,910 0.2 (2,933)
Jan-18 1,971 (0.3) 5,607 14.2 (3,636)
Feb-18 1,902 (3.5) 4,797 (14.4) (2,896)
Mar-18 2,231 17.3 5,280 10.1 (3,049)
Apr-18 2,133 (4.4) 5,109 (3.2) (2,977)
May-18 2,144 0.5 5,814 13.8 (3,670)
June-18 1,887 (11.9) 5,694 (2.06) (3,807)
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Source: PBS
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PRODUCT-WISE EXPORTS OF PAKISTAN
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(Value in Million US$)
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S.No. Commodities 2016-17 2017-18
Export % Share Export % Share
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A. Food Group 3,711.2 20.7 4,797.9 29.3
1 Rice 1,606.8 7.9 2,037.1 8.8
a) Basmati 453.4 2.1 540.2 2.2
b) Others 1,153.4 5.8 1,495.8 6.6
2 Fish & Fish preparations 393.7 2.0 451.0 2.0
3 Fruits 380.9 1.9 400.0 1.8
4 Vegetables 184.9 0.9 241.4 1.1
5 Leguminous Vegetables (Pulses) 0.53 0.003 - 0.0
6 Tobacco 14.8 0.1 26.1 0.1
7 Wheat 1.0 0.01 236.3 1.0
8 Spices 84.6 0.4 79.2 0.3
9 Oil seeds, Nuts and Kernals 47.3 0.2 37.2 0.2
10 Sugar 161.0 0.9 580.3 2.2
11 Meat and Meat Preparations 220.7 1.1 225.6 1.0
12 All Other Food Items 614.9 3.1 555.4 2.4
B. Textile Group 12,450.7 61.0 13,530.1 58.8
13 Raw Cotton 43.6 0.2 58.2 0.3
14 Cotton Yarn 1,243.7 6.1 1,371.8 5.8
15 Cotton Cloth 2,135.8 10.6 2,203.6 9.4
16 Cotton Carded or Combed 0.24 0.001 0.01 0.0
17 Yarn Other Than Cotton Yarn 24.1 0.1 33.4 0.1
18 Knitwear 2,361.5 11.4 2,719.8 11.5
19 Bed wear 2,137.7 10.4 2,261.0 9.6
20 Towels 800.6 3.9 797.1 3.5
21 Tents, Canvas & Tarpulin 133.8 0.7 85.3 0.4
22 Readymade Garments 2,318.8 11.2 2,579.0 11.0
23 Art, Silk & Synthetic Textile 187.6 0.9 309.7 1.3
24 Made-up Articles(Excl. Towels Bed Wear) 638.2 3.1 683.1 3.0
25 Other Textile Materials 425.2 2.0 428.1 1.9
C. Petroleum Group & Coal 189.3 0.9 393.6 1.7
26 Petroleum Crude 77.0 0.4 190.4 0.9
27 Petroleum Products (Excl. Top Naphta) 70.8 0.3 147.5 0.7
28 Petroleum Top Naphta 41.5 0.2 55.8 0.2
29 Solid Fuels (Coal) - 0.0 - 0.0
D. Other Manufactures Group 3,096.5 13.3 3,387.9 14.6
30 Carpets, Rugs & Mats 78.5 0.4 75.9 0.3
31 Sports Goods 308.4 1.5 332.5 1.4
32 Leather Tanned 345.6 1.7 330.2 1.4
33 Leather Manufactures 491.2 2.4 544.9 2.2
34 Footwear 95.7 0.5 108.1 0.5
35 Surgical Goods & Medical Instruments 339.8 1.7 379.0 1.6
36 Cutlery 82.5 0.4 89.6 0.4
37 Onyx Manufactured 4.9 0.0 5.3 0.02
38 Chemicals and Pharm. Products 880.4 4.2 1,042.0 4.5
39 Engineering Goods 174.2 0.9 206.1 0.9
40 Gems 3.0 0.01 4.0 0.02
41 Jewellary 5.8 0.03 5.9 0.03
42 Furniture 4.5 0.02 3.9 0.02
43 Molasses 11.6 0.03 19.3 0.1
44 Handicrafts 2.8 0.02 4.01 0.02
45 Cement 237.8 1.2 222.8 1.0
46 Guar and Guar Products 29.9 0.1 36.4 0.2
E. All Other Items 974.5 4.8 1,112.5 4.8
Total 20,422.2 100 23,222.0 100
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Source: PBS
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