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Pakistan Agriculture Storage and Services Corporation (PASSCO) has earned Rs421.312 million net profit in the current season.
PASSCO has also paid Rs814.994 million tax to the national exchequer, a spokesman of PASSCO said here Friday.
This season's performance of the corporation is best among last five years. The spokesman said that earning profit by the corporation is "good news" for the nation.
He said that PASSCO in its recently held general body meeting has also decided to supply certified wheat seed to the growers. The step would not only help redressing the problem of shortage of certified seed for the growers but also increase per acre yield of the crop.
Enhanced wheat yield would have a positive impact on the national economy, he added.
The spokesman said that PASSCO is also going to construct new storage facility in Khanewal and Hafizabad with its own resources.
PASSCO earned Rs421.312mn net profit
PASSCO has also paid Rs814.994 million tax to the national exchequer, a spokesman of PASSCO said here Friday.
This season's performance of the corporation is best among last five years. The spokesman said that earning profit by the corporation is "good news" for the nation.
He said that PASSCO in its recently held general body meeting has also decided to supply certified wheat seed to the growers. The step would not only help redressing the problem of shortage of certified seed for the growers but also increase per acre yield of the crop.
Enhanced wheat yield would have a positive impact on the national economy, he added.
The spokesman said that PASSCO is also going to construct new storage facility in Khanewal and Hafizabad with its own resources.
PASSCO earned Rs421.312mn net profit
