report

Internship Report
Treet Corporation Ltd.
Packaging Solution
Submitted to:
Submitted by:
Roll Number:
Registration Number:
Session:
2010 - 14
MBA(finance)
Institute:

i
In the name of Allah
The most Merciful, the most Kind;
Who gave the Quran to mankind;
Its verses so pure, its context to divine;
As it purifies our soul, our heart and our mind;
Glorified is He, who chose one noble man;
From amongst those living in the Arabian land;
Ya-Nabee-Allah! May Allah’s blessings be upon thee;
For thou art the one who set an example for me;
Thou art the example all Muslims wish to be;
No other has been as noblest as thee;
Ya-Habib-Allah! May Allah’s blessing be upon thee;
On thine soul Jannah been promised for eternity;
In the name of Allah, the most Merciful, the most Kind;
Praise is to Allah, who gave Islam to mankind;
Ya Allah! For Thee my life I shall live!
Ya Allah! For Thee my soul I shall give!

ii
PREFACE
The internship is an indispensable part of MBA(finance) 3 ½ year program,
because through this training students come to know the genuine divergence
between theory and practical versions of knowledge. At the same time future
executives are also introduced to the external business world. A critical
prerequisite of internship program is to assemble a report concerning the
activities of the organization is which internship is completed by the learning
executive.
Considering its convention and purpose of grooming the best executives of
future, has prearranged a comprehensive internship-training program. All of my
class fellows including me were placed in leading organizations of business world
to get firsthand knowledge and practical insight into their administration and
operation. So, when I was given the chance of selecting an organization, I opted
for “Treet Group of Companies”.
The experience of working in a big organization, established almost ----------
before today was an adventure in itself. All the employees were tremendously
supportive, helpful, knowledgeable and cooperative. It was not the first time that
the organization had the experience of interns and that summer the organization
had approximately one hundred interns from various institutes working on several
projects. All the employees under whom I worked were having an excellent
experience. This internship endowed me with grand opportunity to equip myself
with knowledge, application and tools used in a manufacturing concern.
The medium of information for the preparation of report includes extensive web
search, Annual reports and website of Treet Group of Companies.

iii
ACKNOWLEDGEMENT
In the name of Almighty Allah who is most merciful, and who give me strength to
write this internship report in a different way.
By the grace of Almighty Allah, I came into a position to make a report on
“PACKAGING SOLUTION a Unit Of Treet Corporation limited". Actually, this
report is also the result of help & guidance, which I received from my teachers,
parents, brother and friends, who gave me lot of information and guidance in
making this report.
I would like to thank of Mr. Ahmed assistant accountant and Ms. Sadia Ibrahim
sales coordinator, who gave me valuable and worthless ideas to compile this
project.
I would also like to acknowledge all the people from Packaging Solution for their
co-operation, support and leadership for a successful internship program. These
are the people who volunteered their services of this celestial cause and worked
so restlessly to make internship a huge success. These people should be
commemorated for their devoted effort.
XYZ

iv
Dedication
To my loving
Parents and friends
Who are praying for my
“SUCCESS”.

v
To,
Principal Hailey College of Banking and Finance,
University of the Punjab,
Lahore
Subject: Submission of Internship Report
Respected Sir,
As a part of MBA program of University of the Punjab, an internship report is
enclosed here, which is submitted as a requirement for partially fulfillment MBA
program (3½ years). In the course of preparation of the report, relevant data,
concerned articles and information were studied and practical knowledge had
been gathered.
It has been a unique experience to carry out such a work. And also this was an
opportunity for me to enrich my knowledge having an acquaintance with the
practice that will help me a lot in my career. I have tried my best to make this
report informative.
I humbly request you to accept this report for your kind evaluation.
Yours Sincerely,
XYZ
Roll No:
Registration No:

vii
Contents
Introduction and History..................................................................................................... 1
Basic Units ...................................................................................................................... 2
 Treet corporation limited- TCL ........................................................................ 2
 Global econo trade – GET................................................................................ 2
 Soap division .................................................................................................... 2
 Motor Bike Project ........................................................................................... 2
 Packaging Solution........................................................................................... 2
 Packaging solution – Paper and Board ............................................................. 2
 First Treet Manufacturing Modaraba................................................................ 2
Area Of Internship .............................................................................................................. 5
What is packaging? ......................................................................................................... 5
What is labeling?............................................................................................................. 5
Need of Packaging .......................................................................................................... 5
Purposes of Packaging .................................................................................................... 6
 Physical Protection ........................................................................................... 6
 Barrier Protection.............................................................................................. 6
 Quantity Purchased........................................................................................... 6
 Information Transmission................................................................................. 6
 Security............................................................................................................. 6
HISTORY OF PACKAGING............................................................................................. 7
Paper and Paper Products.................................................................................................... 7
Invention Of Carton Bags:.................................................................................................. 7
Invention of labeling:.......................................................................................................... 8

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Company profile ................................................................................................................. 8
Financial Highlights............................................................................................................ 8
Solid Position.................................................................................................................. 8
The results are ................................................................................................................. 9
SOCIAL CORPORATE RESPONSIBILITY .................................................................. 10
CUSTOMERS............................................................................................................... 10
OUR PEOPLE .............................................................................................................. 10
PRODUCTS AND SERVICES .................................................................................... 11
SUPPLIERS.................................................................................................................. 11
PLANNING .................................................................................................................. 11
QUALITY IMPROVEMENT ...................................................................................... 11
ENVIRONMENT ......................................................................................................... 11
SOCIETY...................................................................................................................... 12
HEALTH, SAFETY AND ENVIRONMENT POLICY .................................................. 12
Donations, Charities, Contributions & Other Payments Of A Similar Nature ................. 12
FINANCIAL HIGHLIGHTS ............................................................................................ 13
Mission Statement:......................................................................................................... 14
Vision Statement: ........................................................................................................... 15
COMMENTS................................................................................................................ 19
How Products Are Made................................................................................................... 21
Corrugated Cardboard................................................................................................... 21
Background ................................................................................................................... 21
Raw Materials ............................................................................................................... 22
Design ........................................................................................................................... 23
The Manufacturing Process .............................................................................................. 24

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Pulping the pine chips................................................................................................... 24
Making kraft paper........................................................................................................ 24
Shipping and storing the craft paper ............................................................................. 24
Corrugating the cardboard ............................................................................................ 25
Forming the blanks into boxes...................................................................................... 28
Quality Control ................................................................................................................. 29
The Future......................................................................................................................... 29
DEPARTMENTS ............................................................................................................. 31
Packaging Solutions Infrastructure ................................................................................... 31
Departments .................................................................................................................. 31
SELECTION OF THIS COMPANY................................................................................ 32
WHY… ????..................................................................................................................... 32
Measurements ................................................................................................................... 36
How to measure a box - The quick way............................................................................ 36
Box construction - What you need to know...................................................................... 37
Box strength...................................................................................................................... 37
Look for manufacturer's stamp ......................................................................................... 38
When & what box to use?................................................................................................. 39
Regular Slotted Carton (RSC) .......................................................................................... 39
Multi-Depth carton (MDC)............................................................................................... 40
Half-Slotted Carton (HSC) ............................................................................................... 40
Full-Overlap Slotted Carton (FOL) .................................................................................. 40
Five Panel Folder (FPF).................................................................................................... 40
Snap-Bottom Carton (SBC) .............................................................................................. 41
Full Telescope Design Carton (FTD) ............................................................................... 41

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Half Telescope Design Carton .......................................................................................... 41
Two-Piece Carton with Separate Lid (CSL)..................................................................... 41
One-Piece Folder (OPF).................................................................................................... 42
Bin Boxes (BB)................................................................................................................. 42
Company Information....................................................................................................... 43
Board of Directors......................................................................................................... 43
Board Audit Committee................................................................................................ 43
Human Resource & Remuneration Committee ............................................................ 43
CHIEF FINANCIAL OFFICER ................................................................................... 43
COMPANY SECRETARY .......................................................................................... 43
HEAD OF INTERNAL AUDIT................................................................................... 44
EXTERNAL AUDITORS ............................................................................................ 44
INCOME TAX CONSULTANTS................................................................................ 44
LEGAL ADVISORS .................................................................................................... 44
CORPORATE ADVISORS .......................................................................................... 44
SHARIAH ADVISOR .................................................................................................. 44
BANKERS.................................................................................................................... 44
REGISTERED OFFICE ............................................................................................... 46
SHARE REGISTRAR .................................................................................................. 46
TREET GROUP FACTORIES ..................................................................................... 46
GROUP COMPANIES / OFFICES ................................................................................ 47
KARACHI OFFICE...................................................................................................... 47
Organizational Structure ................................................................................................... 48
STRUCTURE OF ACCOUNTS DEPARTMENT........................................................... 50
Accounts Department........................................................................................................ 50

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ACCOUNTS OPERATIONS ...................................................................................... 51
Work Done By Me............................................................................................................ 52
What is packaging? ....................................................................................................... 52
Accounts Department.................................................................................................... 52
1. Sales tax invoices:........................................................................................... 52
2. Sales return note: ............................................................................................ 52
3. Debit note: ...................................................................................................... 52
4. Credit note: ..................................................................................................... 52
5. Bank Reconciliation: ...................................................................................... 53
6. Money out....................................................................................................... 53
7. Money in......................................................................................................... 53
8. Payroll............................................................................................................. 53
M............................................................................................................................... 53
9. Reporting ........................................................................................................ 53
10. Financial Controls........................................................................................... 53
T................................................................................................................................ 53
Sales and Marketing Department.................................................................................. 53
HR department .............................................................................................................. 55
Managerial functions..................................................................................................... 55
1. Planning .......................................................................................................... 55
2. Organizing ...................................................................................................... 55
3. Staffing ........................................................................................................... 55
4. Directing ......................................................................................................... 56
Operative Functions ...................................................................................................... 56
1. Procurement.................................................................................................... 56

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2. Development................................................................................................... 57
3. Compensation ................................................................................................. 57
4. Maintenance and Motivation.......................................................................... 57
5. Integration....................................................................................................... 57
SWOT Analysis ................................................................................................................ 58
Detail of SWOT Analysis ............................................................................................. 59
SRENGTHS.............................................................................................................. 59
WEAKNESSES ........................................................................................................ 60
OPPORTUNITY....................................................................................................... 60
THREATS................................................................................................................. 61
PEST Analysis .................................................................................................................. 62
Political Instability........................................................................................................ 62
Economic situation........................................................................................................ 62
Social situation.............................................................................................................. 62
Technological factor ..................................................................................................... 63
Treet Power Limited ......................................................................................................... 65
Basis of Consolidation.................................................................................................. 65
a) Subsidiaries ............................................................................................................ 65
b) Non-controlling interest ..................................................................................... 66
c) Associates............................................................................................................... 66
RATIO ANALYSIS.......................................................................................................... 67
 Profitability Ratios................................................................................................... 67
 Solvency Ratios...................................................................................................... 67
PROFITABILITY RATIOS ......................................................................................... 67
GROSS PROFIT RATIO.......................................................................................... 67

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NET PROFIT RATIO............................................................................................... 68
EARNING PER SHARE (AFTER TAX)................................................................. 69
LIQUIDITY RATIOS................................................................................................... 70
CURRENT RATIO................................................................................................... 71
LIQUID RATIO........................................................................................................ 72
STOCK TURNOVER RATIO ................................................................................. 73
WORKING CAPITAL TURNOVER RATIO : ....................................................... 74
year................................................................................................................................... 74
Working capital turnover ............................................................................................... 74
2012.................................................................................................................................. 74
10.31................................................................................................................................. 74
2013.................................................................................................................................. 74
3.10................................................................................................................................... 74
FIXED ASSETS TURNOVER RATIO ................................................................... 75
Return on equity........................................................................................................ 77
Book value per share................................................................................................. 78
Total Liabilities to equity.......................................................................................... 79
RECOMMENDATIONS.................................................................................................. 81
Recommendations for Improvements are ..................................................................... 81
CONCLUSION................................................................................................................. 82
REFERENCE AND SOURCES USED............................................................................ 83

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EXECUTIVE SUMMARY
This report is about my internship I have under gone at Packaing Solution a unit
of Treet Group of companies which manufactures corrugated Cartons. The main
Purpose of internship is to learn by working in a practically scenario and to apply
the Knowledge acquired during studies I have stayed there as an internee for 6
weeks and I visited different departments and learn a lot how the system is
running all work done by so efficiently and by perfect procedures Learnt a lot of
things which I cannot learn without the exposure in the real world’s I have Put my
efforts to show how all departments are working and how they are interlink with
Each other my report focuses on giving an insider view of the organization its
systems And workings and also of the customers. It also high lights the
differences.
There is a lot of difference between the real world and the academic world. It also
highlights Treet group leads the list of 10 competitors in corrugated
cartons,disposible razors, soap, paper and board manufacturing industry in
Pakistan due to distinctive quality policy. Their corporate vision and values are
The driving forces and at present Treet Group spreads over 13 companies both
private and public limited.
Treet Group is a responsible entity which is highly committed to comply with
corporate, environmental laws and to conduct their business with utmost honesty
and sincerity. At Treet group it is believed that development can only be achieved
by equality and respect at work place. They have been doing it for decades and
there is no doubt they are reaping its benefits.
Treet has a manufacturing capacity under strict quality standards and their sale
network is well spread to sell all of them. They have a 5s dealer network to
satisfy the customer to the optimum level.

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Introductionand History
Treet Corporation Limited - Holding Company is one of the oldest and largest
business groups of Pakistan. It was incorporated as a Public Limited Company in
Pakistan in 1977 under Companies Act, 1913 (now Companies Ordinance,
1984). As a sole manufacturer and marketer of conventional shaving blades,
razors and soaps, the business history of the group dates back to pre-
independence days, almost a century ago, when a highly dynamic personality of
Sir Syed Muratib Ali expanded his canteen contract and agri business into
trading and industrial partnerships. This expansion saw no bounds and soon
after the 'Divide' in 1947, new business opportunities were successfully explored
in the fields of Textile, Automobiles, Trucks and Tractors, Soap, Ghee and Razor
manufacturing. This progressive journey also saw the transition from
manufacturing conventional Double Edge Shaving Blades to modern age Bonded
Razors in Pakistan. The company was quoted as one of the best 25 industries on
Karachi Stock Exchange in the year 2004. Treet was among the first ten
companies in Pakistan to obtain ISO 9001 – 2000 Certification in 1997 for its
outstanding attainment. The company employs approximately 1400 people with
factories in Hyderabad and Lahore. Its renowned brands, TRBC (Treet Blade
Coated) in Carbon Steel and TPS (Treet Platinum Super) in Stainless Steel are
market leaders in Double Edge blades category. While in Bonded razor category
Trim-II XL, Treet-II, and Treet Hygiene disposable razors are leading brands in
popular price segment of the market. Another type of conventional Cutthroat
turned modern fixed head disposable salon razor is 'Safex'. This razor at salons
not only provides excellent shaves but has proved hygienically reliable as well.
Treet products are in high demand equally at export level as they are within the
country. Customer base of Treet products in international markets is expanding
fast and our export business is thriving with every passing day. Currently Treet is
exporting its products to over 35 countries around the globe. This exportability a

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significant share of foreign exchange to the national exchequer. Major customers
include China, Iran, Korea, Malaysia, Syria, Bangladesh, Germany, Italy, Spain,
Brazil, Poland, KSA, and 23 other countries.
Basic Units
It comprises of following business units:
 Treet corporation limited- TCL Holding Company (Manufacturer of Shaving
Razors & Razor Blades)
 Global econo trade – GET (Trading House)
 Soap division (Leased Production Unit of Soap)
 Motor Bike Project (Assembling unit with Treet as a brand name)
 Packaging Solution (Corrugated Carton Plant)
 Packaging solution – Paper and Board (Manufacturer of quality Kraft Liner
& Fluting)
 First Treet Manufacturing Modaraba (A subsidiary of treet Group of
Companies)

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The Group comprises of following Business Units
Treet Corporation Limited - TCL
Holding Company
(Manufacturer of Shaving Razors & Razor Blades)
Global Econo Trade (Pvt.) Limited - GET
(Trading House)
Soap Division
(Leased Production Unit of Soap)

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Motor Bike Project
(Assembling unit with Treet as a brand name)
Packaging Solutions
(Corrugation Plant)
Packaging Solutions Paper & Board Mill
(Manufacturer of quality Kraft Liner & Fluting)

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Area Of Internship
I have done internship in Packaging Solution a unit of Treet Corporation Ltd.
Packaging solution is a corrugation Plant where corrugated Cartons are made.
What is packaging?
Packaging is the combination of science, art, and technology of enclosing or
protecting products for distribution, storage, sale, and use in future.
What is labeling?
Labeling is any written word, graphical mark or electronic communications on the
packaging container.
Need of Packaging
In everyday life, human being consumed large amount of food belonging to the
natural things where these things are found, But as the time pass there is a need
to preserve that material so that it can be utilized in come hereafter as a source
of income by sale of that good. So there were bit requirements for the packaging
of the food material for transportation from one village to another and stored.
As the food material is transported from one village to another village there are
no of factors which influenced a bad impact on that material. So there is a need
to prevent the food from environmental conditions that are not favorable for the
natural things. In the early periods of time the natural things are used to preserve
that food material. When containers were needed, natures provide gourds, shells
and leaves for used. After a short spam of life, the packaging material was
fashioned from natural materials such as hollowed logs, woven grasses and
animal organs.

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Today packaging materials is the result of innovation of new technologies and
which enhanced the quality of that natural materials. As the ores and metals are
discover the packaging material is growing day by day.
Purposes of Packaging
Packaging is used for several purposes:
 Physical Protection
The material or goods enclosed in the container may require the physical
protection from the vibration, mechanical shocks and temperature.
 Barrier Protection
The goods enclosed in the packaging material may require the barrier like
water vapors, Oxygen, some chemicals requires sun barrier are kept in brown
glass bottles.
 Quantity Purchased
Packaging contains products, defining the amount the consumer will
purchase.
 Information Transmission
Packaging material contain the labels which communicate the consumer that
how to use, transport, recycle, or dispose of the package or product.
 Security
There are a less chances of the security risk for shipment of the product.
Packaging can be made strengthen so as to protect the product to be perish
in the transportation. Packaging can also be used as antitheft devices, such
as dye-packs tags that can be activated or deducted by devices at exit points
and require specialized tools to deactivate. Using packaging in this way is a
mean of loss prevention.
 Protects products from contamination, from environment damage and from
theft.
 Carry information and colorful designs that make attractive displays.

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HISTORY OF PACKAGING
Paper and Paper Products
Bark of Mulberry was first used as packaging by Chinese in the beginning. Paper
is the first form of packaging material which is currently known as “flexible
packaging”. Paper making techniques are invented and upgraded day by day
and first paper was invented by the person “Francis Wolle” in 1840 during his
working on a bag manufacturing in England. Now a day, paper Is manufactured
with the wood pulp. There are also added some raw papers with the wood pulp
and the raw material for manufacturing the good quality papers used in
manufacturing the packaging paper.
Card board boxes are also invented in England after the invention of the Card
Board in China. Now the cardboard boxes and paper made carton are used to
trade different ornaments and useable item in all over the world. The packaging
material is not only limited to carton and card board boxes, it also contain glass
boxes and metal boxes.
Invention Of Carton Bags:
As we know there are many inventions that were invented by accident, for
example the development of the carton by Robert Gair, a Brooklyn printer and
paper-bag maker. During the 1870s as he was completing an order of seed bags,
he used metal rule to crease bags shifting in position and cut; he realized that if
he used the board he could used paperboard just in the same way he cut bags.
Gair concluded that cutting and creasing paperboard in one operation would
have advantages; the first automatically made carton, now referred to as “semi-
flexible packaging” was created.

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Invention of labeling:
The advance of flaked cereals develops the use of paperboard cartons. The
Kellogg brothers were the first, who use cereal cartons at Battle Creek, Michigan
Sanatorium. When this “health food” was later marketed to the messes, a waxed,
heat sealed bag of Waxtite was wrapped around the outside of a plan box. The
outer wrapped was printed with the brand name. Today, of course, the plastic
liner is used to protect cereals and other products within the printed carton.
Paper and Paperboard packaging increased in popularity well into the 20th
century, but with the advent of plastic packaging in late 1970s and early 1980s
paper and its related products tended to fade In use. Lately the trend has been
halted as designers try to respond to environmental concerns.
Companyprofile
Packaging solution is established in 1956 by the Ali Group of Pakistan beneath
the group Treet group of firms. We tend to provide Packaging material in all over
the Pakistan and are prominent in this field. We provide printed Carton at a very
low cost as compared to our competitors. We employ over 3000 people. Listed
on Lahore stock exchange in Pakistan , packaging solution has maintained a
high credit rating company. Our product oriented specialty and use of high quality
and use of high quality raw material describes that we are looking for continuous
growth in the market and working for productivity.
FinancialHighlights
Solid Position
We are realizing the full benefits of investments made in growth of projects over
the past several years that enhance our competitive advantages. We are
continuously diversifying [both concentric and conglomerate] to mitigate our
business risk. We’re driving future growth - capitalizing on emerging trends and
planning multiple expansions that our assets are ideally suited for. At the same

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time, we are mitigating our financial risk, which is unrelated to business outcome,
without sacrificing tax efficiencies that will ultimately translated into increased
shareholders’ value.
The results are
 Record financial performance
 Strong Balance Sheet
 Exciting visible growth

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SOCIAL CORPORATE RESPONSIBILITY
Treet Group believes that a responsible attitude towards society and
the environment can make a business more competitive, more resilient to
shocks, and more likely to attract and hold both consumers and the best
employees. Treet Group feels that social attitude is a significant part of its risk
management and reputation strategy. In a world where brand valiue and
reputation are increasingly seen as Treet Group ‘s most valuable assets,
responsible social attitude can build the loyalty and trust that ensure a bright
sustainable future.
Fundamental to success for our Treet Group (and to our vision and corporate
value) is based on following premises:
CUSTOMERS
Our future existence relies on understanding and satisfying our customers
present and future needs. Our goal is to be recognized by our customers as a
high quality, innovative and cost effective suppliers, and the most desirable to do
business with. We recognize that, as a result, the next person in the process is
our customer.
OUR PEOPLE
We value our family of employees as essential to the success of our Treet
Group. We aim develop a long term trusting relationship with each employee,
encouraging their contributions and assisting in their personal development and
education. In all dealings we will be fair and consistent.

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PRODUCTS AND SERVICES
We are recognized at large by our end products and services. We will endeavor
to produce technologically advanced products and services that offer superior
quality and value. Continued innovation and improvement are critical to our
survival and growth.
SUPPLIERS
We view suppliers of goods and services as an extension of our Treet Group,
with whom we wish to develop long term trusting relationships. We expect our
suppliers to embrace our quality improvement philosophy in their dealings with
us.
PLANNING
All short term decisions will be consistent with long term objectives that balance
the needs of our people, customers, suppliers and shareholders. Each year
these objectives will be widely communicated within our Treet Group.
QUALITY IMPROVEMENT
We believe in step by step continual improvement of everything that we are
engaged in, including our administration, marketing, sales, design, service,
distribution and manufacturing. We will encourage cross-functional
communication and co-operation to aid this.
ENVIRONMENT
Reflecting our commitment to a cleaner world, we aim to develop products and
manufacturing processes which are as friendly to the environment as practicable.

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SOCIETY
We will conduct our business at all time in a fair, ethical, consistent and
professional manner. We accept our responsibilities to be a responsible
community neighbor, and will continue to support community affairs.
HEALTH, SAFETY AND ENVIRONMENT POLICY
It is Treet Group policy to minimize its environment impact, as is economically
and practically possible.
1. Save raw material, water and energy and avoid wastage (and reprocess
the waste to the maximum possible extent)
2. Ensure that all its present and future activities are conducted safely
without endangering the health of its employees, its customers and
the public.
3. Develop plans and procedures and provide resources to successfully
implement the policy and for dealing effectively with any emergency.
4. Provide environment, health and safety training to all employees and other
relevant persons to enable them to carry out their duties safely without
causing harm to themselves, others and to the environment.
5. Ensure that all its activities comply with national environmental, health and
safety regulations.
Donations,Charities,Contributions & Other Payments OfA
Similar Nature
Companies within Treet Group are, subject to Board approval, encouraged
to provide support to local communities through donations, charities etc. to fulfill
its duty toward social cause. But companies in our Treet Group will not, in any
case, contribute any amount;
a) To any political party; or

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b) For any political purpose to any individual or body.
Moreover, companies in Treet Group shall not distribute gifts in any form to the
members in their meetings.
FINANCIAL HIGHLIGHTS
We are realizing the full benefits of investments made in growth of projects over
the past several years that enhance our competitive advantages. We are
continuously diversifying [both concentric and conglomerate] to mitigate our
business risk. We’re driving future growth - capitalizing on emerging trends and
planning multiple expansions that our assets are ideally suited for.
At the same time, we are mitigating our financial risk, which is unrelated to
business outcome, without sacrificing tax efficiencies that will ultimately
translated into increased shareholders’ value.
The results:
Record financial performance
Strong balance sheet
Exciting visible growth

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Mission Statement:
Our MISSION is, to satisfy and meet the needs of our customers, providing our
products and services with the quality, adjusted to their needs and preferences
and to create value for our stakeholders through originality and strict adherence
to our principles. We being a conscientious producer, and having stood the test
of time, will
continue our emphasis on responding to customer need with value added
products and services. It is our belief that we can fulfill this mission through a
unique combination of industry vision, effective supply chain management
and innovative technology.

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Vision Statement:
To be innovative in our field to the benefit of society, we will fairly compete in
quality, technology, sales and marketing expertise, while ensuring sound
financial and sustainable growth of the Treet Group for the sake of its
stakeholders and reputation.

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ORGANIZATIONAL STRUCTURE
STRUCTURE OF ORGANIZATION
IN TERMS OF REPORTING LINES
Organizational Structure describes the organization’s formal system
of task and reporting relationship that coordinates and motivates
organizational members so that they work together to achieve
organizational goals.
Chairman / Chief Executive
Board of Directors
Company Secretary
Chief Financial Officer (CFO)
Auditors
Legal Advisors

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General Managers
Managers
Assistant Managers
Officers
COMMENTS ON ORGANIZATIONAL STRUCTURE
The authority in Treet group flows from top to bottom and decisions
are highly centralized. Problems flow up to senior executives, who decides
what, should be done. In some cases, decentralized policy is used and
decision-making is delegated to lower levels of management. Due to
centralized decision making the employee empowerment and authority is
not delegated so freely.
Professionalism is high in the organization. Whole staff is highly
qualified and every individual contributes in the efficient working of the
organization.
At Treet Group polices are formulated at the top level. Board of
Directors and Executive Committee formulate policies keeping in view the
vision, mission and the objectives of the company. These policies are
implemented according to the guideline of top level of hierarchy. Top
management and middle management are given powers to carry out the
operations for the achievement of long-term objectives. They encourage

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the views and suggestions of employees as well. It helps in the effective
implementation of the formulated strategies.
ORGANIZATIONAL STRUCTURE
WHERE CARRYING INTERNSHIP
Chairman
Directors
General Managers
Managers
Assistant Managers
Officers

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COMMENTS
Treet group has a professional culture. Congenial work environment,
team spirit and management by consensuses are the characteristics of the
organization. There is proper relation, coordination and quick
communication system between top-level management, middle-level
management, supervisors and employees. The top-level management is
responsible for strategy formulation, technical planning, strategic planning,
determination of goals and objectives and to formulate polices. The
departmental heads has to supervise day-to-day activities of the company,
implement relevant matters and assist to top-level management. They are
directly responsible for planning and controlling the activities of
supervisors.

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Packaging Solutions is an emerging name in the World of corrugated carton
and committed from inspection to offer its customers most advantageous
packaging solutions taking into accounts issues of safety, logistic, economy
and environment.
Experience of more than two decades of carton manufacturing from domestic
and abroad finally leads us to open new frontiers in packaging by installing in
year 2003, our own most advance and high capacity corrugated carton making
plant in Pakistan to cater the dire needs of the industry.
The blend of experience and technology help us in finding special solution for our
customers by using World's best and safe packaging materials.

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How Products Are Made
Corrugated Cardboard
Background
Most items at your favorite supermarket, discount store, or shopping mall were
safely delivered in boxes made of corrugated cardboard, and many are displayed
in the same boxes, which were manufactured so they could be opened and used
for this purpose. Other items may arrive in their own corrugated or uncorrugated
paperboard boxes. Because corrugated cardboard is such a versatile packaging
material, millions of tons are used each year to protect and display products.
During 1992, more than 25 million tons of corrugated cardboard were produced
in the United States. Another 6 million tons of uncorrugated boxboard or
paperboard were also produced for use in folding cartons.
Corrugated cardboard is a stiff, strong, and light-weight material made up of
three layers of brown kraft paper. In 1884, Swedish chemist, Carl F. Dahl,

Page | 22
developed a process for pulping wood chips into a strong paper that resists
tearing, splitting, and bursting. He named it the kraft process because it produces
a strong paper that resists tearing, splitting, and bursting.
From the paper mill, rolls of kraft paper are transported to a corrugating, or
converting, plant. At the plant, layers of kraft paper are crimped and glued to form
corrugated cardboard, which is then cut, printed, folded, and glued to make
boxes. At the beginning of this process, kraft rolls from the paper mill are loaded
into a huge machine called a corrugator. A typical corrugator is as long as a
football field—300 feet (91.44 meters). Some rolls of kraft paper are used as the
corrugating medium, and others are used as liners, the layers of kraft paper
glued on each side of the medium. After the corrugator has heated, glued, and
pressed the kraft paper to form corrugated cardboard, the continuous sheet of
cardboard is cut into wide box blanks that then go to other machines for printing,
cutting, and gluing. Finally, batches of finished boxes are banded together for
shipping to the food processor, toy maker, parts distributor, or any of the
thousands of businesses that depend on corrugated cardboard packaging.
Raw Materials
Fast-growing pine trees provide the primary raw material used to make
corrugated cardboard. The largest packaging companies own thousands of acres
of land where trees are matured, harvested, and replaced with seedlings. After
the trees are harvested, they are stripped of their limbs; only the trunks will be
shipped by truck to a pulp mill. The largest packaging companies also own the
mills where trees are converted to kraft paper. At the mill, the harvested tree
trunks are subjected to the kraft process, also known as the sulfate process
because of the chemicals used to break down wood chips into fibrous pulp. After
pulping and other processing, the fibers are sent directly to the paper machine
where they are formed, pressed, dried, and rolled into the wide, heavy rolls of
kraft paper sent to corrugating plants to be made into cardboard.
At the corrugating plant, only a few other raw materials are needed to make a
finished box. Corn starch glue is used to bond the corrugated medium to the liner
sheets. Because so much glue is used, rail cars or large tanker trucks deliver it

Page | 23
as a dry powder that will be stored in huge silos at the corrugating plant until it is
needed. Drawn from the silo, the dry corn starch is mixed with water and other
chemicals and pumped into the corrugator to be spread on the corrugated
medium as the layers of liner are added. Other raw materials are used to finish
the corrugated cardboard after production. Waxes made from paraffin or
vegetable oils can be applied to make a water- or grease-resistant container for
food products. Brightly colored inks are also applied to create bold graphic
designs for self-supporting displays featuring product name, information, and
company name and logo. Teams of salespeople and designers work together to
create the manufacturing and printing patterns, called dies, that are used to cut
and print a specific box design. The dies are created in a pattern shop and
transferred to the rotary die-cutting equipment and printers that finish the box
blanks.
Design
Kraft paper has been manufactured since 1906. Since then, pulp processing,
paper making, and corrugating operations have been developed to a high state
of efficiency and productivity. Today, in the corrugated cardboard industry,
designers are creating innovative containers that require four-color printing and
complex die-cutting. These innovative containers are designed with sophisticated
software such as computer-aided design (CAD) programs, allowing a packaging
designer to brainstorm different package designs before manufacturing begins. A
designer using a CAD program can call up and modify different designs that have
been stored in a computer design library. Thus, existing packages can generate
new designs. Many retail stores use such light, strong, and colorful containers
directly, as point-of-purchase displays.

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The Manufacturing Process
Pulping the pine chips
1) Manufacturing a corrugated cardboard box begins with the pulping of wood
chips in the kraft (sulfate) process. First, tree trunks are stripped of bark and
torn into small chips. Next, these chips are placed in a large, high-pressure
tank called a batch digester, where they are cooked in a solution, or liquor,
made of sodium hydroxide (NaOH) and several other ionic compounds such
as sulfates, sulfides, and sulfites. These strongly alkaline chemicals dissolve
the lignin, the glue-like substance that holds the individual wood fibers
together in a tree trunk.
2) When the pressure is released after several hours, the wood chips explode
like popcorn into fluffy masses of fiber.
Making kraft paper
3) After additional cleaning and refining steps, a consistent slurry of wood pulp is
pumped to the paper-making machine, also known as a Fourdrinier
machine. Gigantic, square structures up to 600 feet long (182.88 meters),
these machines contain a wire mesh in which the paper is initially formed.
Next, the paper is fed into massive, steam-heated rollers and wide felt
blankets that remove the water. At the end, the finished medium, or liner, is
rolled for shipment.
Shipping and storing the craft paper
4) Rolls of kraft paper for corrugating are available in many sizes to fit the
production equipment at different corrugating plants. The most common roll
sizes are 67 inches (170.18 centimeters) wide and 87 inches (220.98
centimeters) wide. An 87-inch roll of heavier paper can weigh up to 6,000
pounds (2,724 kilograms). As many as 22 rolls of 87-inch paper can be
loaded into one railroad boxcar for shipment to a corrugating plant.

Page | 25
5) At the plant, the kraft paper is separated into different grades, which will be
used for the medium and the liner. These different grades of corrugated
cardboard can be made by combining different grades of kraft paper. A
knowledgeable packaging specialist works with a customer to determine the
strength required for the corrugated cardboard container being planned.
Then, when a plant receives an order for containers, a product engineer
specifies the combination of medium and liner to produce a cardboard to
match the customer's requirement.
Corrugating the cardboard
6) Using powerful fork-lifts, skilled equipment operators select, move, and load
rolls of kraft paper at one end of the corrugator.

Page | 26
Corrugated cardboard manufacture includes two key steps: making kraft
paper and corrugating the cardboard. Kraft paper involves pulping wood chips
and then feeding the resulting paper substance through massive steam rollers
that remove the water.
Corrugating is also done in a machine that utilizes heavy rollers. One roll of
cardboard is corrugated and then glued between two other layers (liners) by the
same machine. The glue is then cured by passing the cardboard over heated
rolls.

Page | 27
7) One roll of medium is loaded to run through the corrugating rolls, and a roll of
liner is fed into the corrugator to be joined with the corrugated medium. Liner
from another roll travels up over the corrugating rolls along a flat structure
called the bridge. This liner will be glued to the corrugated medium later in the
process.
8) For a large production run, additional rolls are loaded into automatic splicers.
Sensitive detectors check the rolls of paper feeding into the corrugator. When
a roll is nearly empty, the corrugator control system starts a splicer, and paper
from the new roll is joined to the end of the paper going through the machine.
Thus, production of corrugated cardboard is continuous, and no production
speed is lost.
9) The medium to be corrugated is fed into the giant, electrically driven rollers of
the corrugator, first through the preheating rollers and then into the
corrugating rolls. Steam at 175 to 180 pounds of pressure per square inch
(psi) is forced through both sets of rollers, and, as the paper passes through
them, temperatures reach 350 to 365 degrees Fahrenheit (177 to 185
degrees Celsius).
10)The corrugating rolls are covered with I O flutes —horizontal, parallel ridges
like the teeth of massively wide gears. When the hot paper passes between
the corrugating rolls, the flutes trap and bend it, forming the middle part of a
sheet of corrugated cardboard. Each corrugating machine has
interchangeable corrugating rolls featuring different flute sizes.

Page | 28
 A finished piece of corrugated cardboard consists of a single corrugated layer
sandwiched between two liner layers.
flute size in the corrugator changes the width of the corrugated medium.
11)The medium travels next to a set of rollers called the single-facer glue station.
Here, one layer of liner is glued to the medium. Starch glue is carefully
applied to the corrugated edges of the medium, and the first layer of liner is
added. From the single-facer, the medium and liner go to the double-backer
glue station where the other layer of liner from the bridge is added following
the same procedure. Continuing through the corrugator, the cardboard
passes over steam-heated plates that cure the glue.
Forming the blanks into boxes
12)At the end of corrugator, a slitter-scorer trims the cardboard and cuts it into
large sheets called box blanks. Box blanks pop out of the slitter-scorer like
wide slices of toast and slide into an automatic stacker that loads them onto a
large, rolling platform. From here, they will be transported to the other
machines that will convert them into finished containers. Skilled production
workers use a computer terminal and printer to prepare a job ticket for each
stack of box blanks produced by the corrugator. With the job ticket, workers
can route the stack to the right fabrication machines, called flexos (the name
is short for flexographic machine). A flexo is a wide, flat machine that
processes box blanks.
13)Printing dies and die-cutting patterns I 3 are prepared in a pattern shop on
large, flexible sheets of rubber or tin. The dies and patterns are loaded onto
the large rollers in the flexo, and the box blanks are automatically fed through
it. As each blank passes through the rollers of the flexo, it is trimmed, printed,
cut, scored, and, in a printer-folder-gluer, folded and glued to form a box.
From the flexo, the finished boxes are automatically stacked and sent to a
banding machine to be wrapped for shipping. Other equipment in a
corrugating plant includes stand-alone die-cutters, die-cutters with print
stations, and machines known as curtain coaters that apply a wax coating to
fruit, vegetable, and meat containers. Box blanks requiring only simple, one-

Page | 29
color printing and die-cutting can be run through a stand-alone die-cutter,
print station, and curtain coater to produce water- or grease-resistant
containers.
Quality Control
Quality control begins with the suppliers of the kraft paper used to make
corrugated cardboard. Kraft paper must be smooth and strong. After the paper
passes through the corrugator and is made into box blanks, individual blanks are
pulled from a stack and tested. The Cobb test measures moisture in the liner and
medium. Glue strength, bursting strength, compression, and highly accurate
dimensional tests determine the quality of the manufacturing process. A warp
test determines the flatness of the box blank, insuring that each blank will travel
smoothly through the flexo machines. As skilled workers run batches of box
blanks through the flexo machines, individual boxes are pulled and inspected.
Trimming, cutting, and scoring must be correct. No damage to the cardboard is
allowed. Also, the different layers of colored ink used in color printing must be
perfectly aligned.
The Future
Future corrugated containers will be manufactured using kraft paper produced
from recycled packaging rather than trees. Recycling and other environmentally
friendly processes will continue to grow in importance in the future of corrugated
cardboard. Today, inks based on soybean oil and biodegradable waxes and
other coatings are beginning to be used in container manufacturing. Leading
packaging companies are already operating paper mills that make fresh, clean
kraft paper by de-inking and pulping used containers.

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Higher standards of personalized service
and quality at competitive prices
YES WE CAN
The history of Ali Group dates back to pre-independence days, almost a
century ago, when the highly dynamic personality of Sir Syed Maratib Ali
envisioned the importance of trade and industry in the sub-continent. He
expanded his agricultural business into trading and industrial partnerships.
Soon after independence of Pakistan in 1947, the business activities were further
developed into industrialized operations. A few of them are:
Packaging Solution manufactures corrugated boxes, corrugated
containers and fiber boxes. Corrugated boxes have brought to packaging a
cushioned protection, light weight , ease of handling and storage. Packaging
Solutions is a new corrugated box making plant here in Lahore, the heart beat of
Pakistan. Packaging Solutions is another venture from Treet Group of
Companies which is a part of the ALI family: ALI family is engaged into numerous
industrial and agricultural ventures since pre-partition days. ALI family continued
its tradition of growth even after partition and expanded its industrial activities into
Treet Corporation; Zulfiqar Industries; Wazir Ali Industries; Nestle Pakistan;
Packages Pakistan; Loads Limited; IGI Pakistan Limited.

Page | 31
DEPARTMENTS
Packaging Solutions, highly committed term of professionals, intends to
be market leader in development, manufacturing and presenting internationally
accepted packaging to our customers, against their specific requirement, at
competitive prices.
We will continue to invest in our facilities and systems and develop modern
processes and procedures to meet our customers’ requirements.
We will focus on employees training so that they can meet future challenges and
endeavor to create and maintain a creative and harmonious atmosphere in which
employees are proudly associated with the company.
Packaging Solutions Infrastructure
Departments
 Marketing & Sales
 Finance & Accounts
 Commercial
 Information Technology
 Human Resource Management
 Art & Design
 Production
 Engineering
 Quality Control & Assurance
 Warehouse

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SELECTION OF THIS COMPANY
WHY… ????
Ali Group is currently one of the oldest and most successful business
groups in the country. After the immense success of Treet Corporation Limited
(rated in the top 25 companies in KSE), the company has decided to develop into
corrugated box making industry. A new company by the name of Packaging
Solutions has been formed which is to be the first ever organized corrugated
company with online database dealing with imported raw materials.
Fully automated machinery accented by highly sensitive computer
controlled system along with the state-of-the-art IT mainframe is being introduced
for the customers. For the first time in Pakistan video conferencing is being made
available for all large customers providing an even more direct access.
Customers will have complete access to numerous services like placing orders
online, discuss and change designs, check status of orders, make payments and
get pricing done all online from the comfort of their own home or office 24 hours a
day, 7 days a week and 365 days a year will all be done in real time. Getting
appointments to place orders, looking for sales officers, busy phone numbers,
not receiving invoices in time will all be a thing of the past. This will not only save
our customers' valuable time and effort but will also cut the lead times to mere 7-
10 days instead of six weeks which is the current industry norm. In this day and
age, automation is the name of the game. And at Packaging
Solutions......innovations are us.

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Packaging Solutions manufactures corrugated cartons,
corrugated containers and fiber boxes
Packaging Solutions manufactures corrugated boxes, corrugated containers
and fiber boxes. Corrugated boxes have brought to packaging a cushioned
protection, light weight, ease of handling and storage. The benefits of mechanical
methods in opening, filling, sealing and handling together with attractive
appearance increases the merchandising opportunities for our customers.
Corrugated board is a highly versatile material, from light weight micro
flute materials used for the packaging of fast foods to heavy weight multi flute
materials used for packing washing machines, fridge and TVs etc.
The term 'fiber' refers to corrugated board, except when the term 'solid
fiber' is used. Corrugated board combines great stiffness and rigidity with high
cushioning ability. The flutes of the corrugated medium are anchored at both
sides to liners forming a continuous arch structure much like the truss structure of
a bridge. Because of this basic truss stress formulas apply similarly to corrugated
board.
Since so many different types of products are packaged, stored and shipped in
corrugated boxes, under a wide variation of conditions, different types of boards
have been developed.

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The demand for corrugated boxes is projected to climb over 2.1 percent per year to
nearly US$35 billion in 2009. Advances will be fueled by an expected upswing in
shipment volume of nondurables, which account for more than three-quarters of
total box demand. Value gains will also be boosted by the continued shift toward
high quality printing and graphics on boxes. Changes in the retail environment are
requiring
Corrugated boxes as well as folding cartons to improve their appearance and act
as billboards for their products.
Corrugated boxes which accounted for nearly 70 percent of demand in 2004, will
see the best opportunities for growth as manufacturing activity continues to
expand. Corrugated cartons will largely maintain market share due to their
entrenched position, low cost and recyclability.
Through 2009, food and beverages will remain the largest market for boxes,
comprising over 40 percent of demand. Other non-durable goods markets
expected to record above-average gains are cosmetics, toiletries and
pharmaceuticals. the best prospects
For boxes lie with machinery and equipment, entertainment and software products
Packaging Solutions manufactures following types of corrugated boxes:
 Regular Slotted Boxes
 Two Pieces Boxes
 Top & Bottom Boxes
 Die Cut Boxes
 Glue Boxes
 Unglued Boxes
 Stitched & Unstitched Boxes

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and carry-out food. The fastest growing market for boxes will be retail shipping as
the popularity of internet shopping continues to expand.

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Box sizes are measured by using inner dimensions unless otherwise
specified.
This section will help you to select the proper style and type of box to meet
your packaging and shipping needs.
Measurements
Box sizes are measured by using inner dimensions unless
otherwise specified. The size of your contents actually
determine the inner box dimensions. These dimensions are usually listed in the
following sequence: length (L) x Width (W) x Height (H).
Dimensions are based on the opening of an assembled box. Looking at the
opening, the longer of the two sides is considered the "length". The shorter of the
the two sides is the "width". The side perpendicular to the length and width is the
"height" of the box.
* Exceptions are bookfolds, bin boxes & divider bins where "width" precedes
"length" and "height" of the measured sequence.
How to measurea box - The quick way
Looking at the opening of the box, measure the longest or
length panel first. Using a tape measure, place it in the bottom
of the box approximately one inch from the back wall and measure from left to
right. Repeat the process for the shorter width panel. Then, folding a side flap
inward until it is perpendicular to its vertical side wall, place the tape measure at
the end of the flap and extend it downward until it rests on the inner flap at the
bottom of the box (see illustration). This exercise will give you the depth
dimension of the box.

Page | 37
One-piece, Die-Cut boxes, such as the "mailer-style" with a tuck-in top, do not
have flaps when assembled, but the measuring procedure is basically the same.
For the box depth, use the inside back panel as it has a visible Score line (crease
separating back panel from lid). For the width of a die cut box, measure between
the Score lines found on the inside of the top or lid. And, of course, for the length
of the box, place your measuring rule on the bottom of the box approximately
one-inch from the back panel. Measure from left to right.
Box construction - What you need to know
The "Manufacturer's Joint" is where the two ends of the side
panels meet to form the box. At that point, the panels are
fastened together with tape, staples or glue. This description applies to regular
slotted shipping Cartons (RSCs). The side panel thickness and content weight
determine the type of seal used for the manufacturer's joint. For example, glue is
used for most single wall boxes, but staples are found in some double wall and in
most triple wall boxes. In contrast, Die-Cut boxes are one-piece panels Scored
and folded together. They do not have a manufacturer's joint.
Box strength
The strength of a corrugated box starts with its material. A
corrugated sheet consists of two major components -
linerboard and medium. Linerboard is the flat paper that covers both sides of the
sheet and the medium is the "fluted" or arched paper found between both liners.
The flute, when anchored to the linerboards with a starched-based Adhesive,
resists bending and pressure from all directions. When placed vertically on its
ends, the flutes form vertical columns, capable of supporting considerable

Page | 38
amounts of weight.
Flutes come in five basic heights and shapes - the most common are "B-flute"
(used for Die-Cut boxes) and "C-flute (used for RSCs). B-flute is compressed and
appears thinner, but don't be fooled. It is made with more paper to provide
stronger side wall protection from blows and punctures. C-flute is taller, with more
air space, but offers enhanced stacking strength. For excellent graphic
reproduction, consider E-flute.
The amount of virgin pulp Fibers and the length of those Fibers in a corrugated
sheet substantially contribute to box strength. For example, the difference
between a 200# test box and a 275# test box is that the latter has more pulp
Fibers in its corrugated linerboard. The 200# test box is rated to hold up to 65 lbs.
of box and contents while the 275# box can hold up to 95 lbs. A 350# test box is
rated to hold up to 120 lbs. of box and contents.
Look for manufacturer'sstamp
Way to be sure that the material of the box that you're
purchasing meets industry standards is to look for the
Manufacturer's Certification Stamp, usually printed on one of the bottom flaps of
the box. The stamp identifies the material as "singlewall," "doublewall" or
"triplewall." It also certifies the Mullen Bursting Test ( most common is 200 lbs.
per square inch) or the Edge Crush Test (ECT 32 lbs. per inch). The Mullen Test
measures the bursting strength of the corrugated linerboard while the Edge
Crush Test measures linerboard stacking strength. The 200 lbs. Mullen box and
the 32 ECT box are comparable in stacking strength. But that is where the
similarity ends. The Mullen Test box is better suited for the protection of heavier
contents while the Edge Crush Test box provides lighter weight Cartons with
good stacking characteristics. When in doubt as to which box to use, always
select the Mullen Test box because the construction of the linerboard cannot be

Page | 39
altered. For example, 200# Mullen Test linerboard must be made of 42# per
square inch basis weight paper and the medium or flute paper cannot be less
than 23# per square inch basis weight.
When & whatbox to use?
When to use a single wall 200# test box - when the box and contents weigh
less than 65 lbs. This weight limit works fine for multiple light-weight items in a
box or for a masterpack box where individual boxes are packed tightly in
organized rows and stacks. If a single heavy item is to be shipped in a single
wall, 200# test box, we recommend a weight limit of 45 lbs. or an upgrade to a
275# test single wall box. Simply apply common sense and always err on the
conservative side.
Regular Slotted Carton (RSC)
Also called shipping boxes, RSCs are the most commonly
used boxes. They are usually Kraft brown in color, have four
flaps on the top and bottom and the side walls are sealed at one corner known as
the "Manufacturer's Joint." This design is highly functional for most packing
applications.

Page | 40
Multi-Depth carton(MDC)
The same box design as an RSC, but with horizontal Scores
(creases) at selected depths along all four side walls. This
feature gives you depth flexibility when packing a box. A Multiple-Depth Carton
can be several boxes in one.
Half-Slotted Carton (HSC)
A variation of the RSC, the Half Slotted Carton has only one
set of flaps. The opposite side of the box is completely open,
allowing it to slide over an item. Envision the use of the box turned over so that
the flaps are on the top. The covered item is usually attached to a pallet or other
type of surface that serves as a separate bottom.
Full-OverlapSlotted Carton (FOL)
With a Full Overlap Slotted Carton, all "length" flaps are also
equal to the width of the box. The flaps actually fold over one
another to provide added strength and protection to the top
and bottom.
Five PanelFolder (FPF)
A Five-panel Folder actually resembles a shallow-depth box
when assembled. It is a one-piece box with an over-lapping top and over-lapping
end panels. The functional design is also economical.

Page | 41
Snap-BottomCarton (SBC)
Available with tuck-in top or with RSC-style top flaps (shown).
Also referred to as an "auto bottom" box. The bottom of the
box snaps into place without tape for quick assembly. Best
suited for light-weight products.
Full Telescope DesignCarton (FTD)
A two-piece box with a separate lid that fits over a bottom
tray.
Half Telescope DesignCarton
Two half-slotted Cartons with one box slightly smaller to
enable it to be inserted into the other box. Offers the ability to
adjust the height or length of the box to fit your needs. Especially suitable for
large, heavy items.
Two-Piece Carton with Separate Lid (CSL)
Die-Cut box with open top and tray-style lid. Similar to a File
Storage Box, but without the hand holes on either end.
Double Cover Carton (DC)
This style of box is frequently used for tall or large, heavy
items. A three-piece box, the Double Cover Carton is
constructed of a four-panel Tube that serves as the side panels and two
interchangeable trays that serve as the top and bottom of the box.

Page | 42
One-Piece Folder (OPF)
Commonly called, "Bookfolds" or Bookwraps," the One Piece
Folder has a flat bottom with two short flaps forming the sides
at each end and two longer, wider flaps that form the front, back and top of the
box. The wider flaps either meet or overlap on the top, depending on the depth of
the contents. The four panels of a Bookfold are usually Scored (creased) at
multiple depths. One-Piece Folders are used to package shallow depth items
such as books and pictures. Usually manufactured with white board.
Mailer-Style Boxes (MSB)
A one-piece Die-Cut box that is assembled without tape.
Construction includes double-layer protection on the sides and
bottom of the box. Available in two popular styles - with a tuck-in
top or with a locking cover, also known as a "cherry lock"
design. (See illustrations) Mailer-Style Boxes are exceptionally
strong and can withstand the most rigorous treatment during
shipment.
Bin Boxes (BB)
Another one piece die cut box that can be assembled without
tape or glue. Often referred to as shelf boxes for parts and
other small items, Bin Boxes have an open top to allow you to see and reach
inside. Measured by width, length and depth. These long, narrow boxes can
significantly increase storage space. Available in multiple widths and in four
different lengths.

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Company Information
Board of Directors
Syed Shahid Ali
Chairman / Chief Executive
Officer
Dr. Mrs. Niloufer
Mahdi
Mrs. Feriel Ali Mehdi
Mr. Jalees Ahmed
Siddiqi
(Nominee IGI Insurance
Limited)
Mr. Imran Azim
(Nominee National
Investment Trust)
Syed Sheharyar Ali
Muhammad Shafique
Anjum
Mr. Munir K. Bana (Nominee Loads Limited)
Board Audit Committee
Mr. Jalees Ahmed
Siddiqi
Chairman
Mr. Imran Azim Member
Syed Sheharyar Ali Member
Mr. Munir K. Bana Member
Human Resource &
Remuneration
Committee
Mr. Jalees Ahmed
Siddiqi
Chairman
Mr. Munir K. Bana Member
Syed Sheharyar Ali Member
Muhammad Shafique
Anjum
Member
Mr. Amir Zia Member
CHIEF FINANCIAL
OFFICER
Mr. Amir Zia
COMPANY
SECRETARY
Rana Shakeel
Shaukat

Page | 44
HEAD OF INTERNAL
AUDIT
Muhammad Ali
EXTERNAL AUDITORS
KPMG Taseer Hadi &
Co.
Chartered
Accountants Lahore.
INCOME TAX
CONSULTANTS
Hyder Bhimji & Co.
Chartered
Accountants
Lahore.
LEGAL ADVISORS
Salim & Baig,
Advocates Lahore.
CORPORATE
ADVISORS
Cornelius, Lane & Mufti Legal Advisors & Solicitors -
Lahore.
SHARIAH ADVISOR Mufti Iftikhar Baig
BANKERS
 Allied Bank Limited
 Askari Bank Limited
 Bank Alfalah Limited
 Bank Al-Habib Limited
 BankIslami Pakistan Limited
 Barclays Bank PLC, Pakistan
 CitiBank N.A.
 Faysal Bank Limited
 Habib Bank Limited
 HSBC Bank Middle East Limited
 Habib Metropolitan Bank Limited

Page | 45
 IGI Investment Bank Limited
 JS Bank Limited
 MCB Bank Limited
 National Bank of Pakistan
 NIB Bank Limited
 SAMBA Bank Limited
 Standard Chartered Bank (Pakistan) Limited
 SilkBank Limited
 United Bank Limited

Page | 46
REGISTERED
OFFICE
72-B, Kot Lakhpat Industrial Area, Lahore.
Phones: 042-35830881, 35156567
Fax: 042-35114127, 35215825
E-mail: info@treetonline.com
Home Page: www.treetonline.com
SHARE
REGISTRAR
Scarlet I.T. Systems (Private) Limited
24-Ferozepur Road, Lahore.
Tel: 042-37087113 - 37570202
Fax: 042-37570303
E.mail: treet@scarletsystem.com
TREET GROUP
FACTORIES
Phones: 042-35830881, 35156567 & 35122296
Fax: 042-35114127, 35215825
Hali Road: P.O. Box No. 308, Hyderabad.
Phones : 0223-880846, 883058 & 883174
Fax: 0223-880172
First Treet Manufacturing Modaraba
(Managed by Global Econo Trade (Private) Limited)
Packaging Solution - Corrugation
22- K.M. Ferozepur Road, Kachha Tiba, Rohi Nala,
Lahore. Tel: (042) 8555848
Packaging Solution - Paper & Board Mill
33 - K.M. Lahore Sheikhupura Road.

Page | 47
GROUP
COMPANIES /
OFFICES
Global Econo Trade (Private) Limited
(A wholly owned subsidiary of Treet Corporation Limited)
Phones: 042-35830881, 35156567
Fax: 042-35114127, 35215825
First Treet Manufacturing Modaraba
(Managed by Global Econo Trade (Private) Limited)
Principal Place of Business:
Phones: 042-35830881, 35156567
Fax: 042-35114127, 35215825
TCL Labor - Hire Company (Private) Limited
(A wholly owned subsidiary of Global Econo Trade
(Private) Limited)
Phones: 042-35830881, 35156567
Fax: 042-35114127, 35215825
Treet Power Limited
(Private) Limited)
Phones: 042-35830881, 35156567
Fax: 042-35114127, 35215825
Treet Services (Private) Limited
(Private) Limited)
Phones: 042-35830881, 35156567
Fax: 042-35114127, 35215825
KARACHI OFFICE 17-Abdullah Haroon Road, Karachi.
Phones: 021-35681576
Fax: 021-35681575

Page | 48
OrganizationalStructure
PotentialCustomers
1. Maqbool Textile
2. Asian
3. Shanns
4. Ravi Auto
5. Hira textile
6. Pepsi-Cola
7. Amafhh
8. Nisar SP
9. Fazal cloth
10.Chakwal
11.Bhanero
12.M.S enterprise
13.Mac & rains
14.Indus Pak
15.Dewan electronics
Executive
Director
HR System
manager
personnel
Admin
department
Time
office/Gate
office time office staff
gate office staff
plantation
transport
janitorial
Security
department
Chief Operating
Officer
D.G.M
Asst.
production
manager
Production Shift
incharge
Lead Operator
planning officer
Support staff
Q.C incharge
Lab asst.
Assistant
store
manager
Support Staff
Chief
Accountant
Account staff
Commercia
manager SF
asst. sales
officer
regional sales
manager
Sales staff
Art dept.
manager
purchase local
paper
Asst. local
paper

Page | 49
16.Coral
17.TCL
18.Crescent steel
19.K.S.S
20.FTMM
21.Tapal tea
22.Dawn
23.Nadeem textile
24.Naeem Textile
25.Crescent Textile
26.Premiuim Textile
27.Tata Textile
28.Prime Safety
29.Colgate Palmolive
30.Pan Industries
31.Azgard Mine Ltd
32.Engro Foods
33.Dada Enterprise

Page | 50
STRUCTURE OF ACCOUNTS DEPARTMENT
General Manager Accounts
Tax Accountant Manager Accounts
Cost Accountant Assistant Manager Accounts
Inventory Controller Accounts Assistants & Officers
Accounts Department
Accounts department is responsible for invoicing, cash receiving, accounts
payable, collections and payment of all expenditures. Reconcile monthly bank
accounts to the general ledgers. The payroll system is also managed by
accounts department in which they have the entire data of employees like salary,
increments, bonuses, hiring, firing, utilities allowances, deductions, income tax,
loans and other matters. All the matters are conducted under the supervision of
General Manager Accounts. Tax accountant is responsible for the deduction and
collection of taxes and also assist to the Tax Analyst in finance department. He
also handles the matters related to sales tax, income tax and customs. Cost
accountant is responsible for cost evaluation of production department.

Page | 51
ACCOUNTS OPERATIONS
1. Supervise invoicing, cash receiving, collections, water & electric meter
reading services, accounts payable and miscellaneous accounts receivable
functions.
2. Reconcile monthly bank accounts to the general ledgers.
3. Supervise preparation of general ledger closing entries (monthly and
annually), including adjustments. Prepare year-end accruals, consolidations
and adjusting entries.
4. Prepare monthly revenue, expenditure, and other reports.
5. The payroll system is also managed by accounts department in which they
have the entire data of employees like salary, increments, bonuses, hiring,
firing, utilities allowances, deductions, income tax, loans and other matters.
6. Supervise fixed asset record system and produce reports necessary for the
annual audit. Organize physical inventory of fixed assets.
7. Supervise accounting procedures and maintenance of general accounting
records.
8. Coordinate annual financial audit and any other required audits or regulatory
reporting,
9. Assist to finance department in preparation of the annual budget, including
projections, forecasts and analytical.
10.Handle the matters related to sales tax, income tax and customs.

Page | 52
Work Done By Me
I have complete my internship of six weeks in accounts department of packaging
solution which is a project of First Treet Manufacturing Modaraba( a subsidiary of
treet group of companies). I also worked in Sales and HR department .
What is packaging?
Packaging is the combination of science, art, and technology of enclosing or
protecting products for distribution, storage, sale, and use in future.
Accounts Department
In accounts department I learned that how to prepare :
1. Sales tax invoices:
I learned that how to prepare sales tax invoices and attach with its voucher.
There are two rates of sales tax:
For registered person 17%
For unregistered person 18%
2. Sales return note:
Whenever we receive our goods back from customer we prepare sales return
note which shows opposite entry of sales e.g.
Sales Debit
Sales tax Debit
Customer Credit
3. Debit note:
Whenever we dispatch the goods to our customers in excess quantity we
issue debit note to that customer.
4. Credit note:
Whenever we dispatch the goods to our customer in short quantity we issue
credit note to that customer.

Page | 53
5. Bank Reconciliation:
For bank reconciliation we compare our bank ledger to bank statement and
find the un-presented and un-credited amounts in bank statement then
correct in our cash account.
6. Money out
Making payments and keeping the bills paid
7. Money in
Processing incoming payments
8. Payroll
Make sure everyone gets paid (including the government)
9. Reporting
Preparing financial reports, e.g. P&L, Balance sheets and budgets
10. Financial Controls
To avoid errors, fraud and theft
Sales and Marketing Department
In sales department I have learned the process of sales that includes following
steps:
Customer Exploration
Meeting with customers
Sampling

Page | 54
Approval
Quotation
Purchase Order
Internal sales order
Forward to factory
Job card
Finished goods Dispatch note
Sales tax Invoices
Sales dept.
Customer

Page | 55
Payment
Accounts
Banks
HR department
In HR department I have learned the major functions of HR manager which are
as following:
Managerial functions
1. Planning
The ongoing process of systematic planning to achieve optimum use of an
organization's most valuable asset - its human resources. The objective of
human resource (HR) planning is to ensure the best fit between employees
and jobs, while avoiding manpower shortages or surpluses. The three key
elements of the HR planning process are forecasting labor demand, analyzing
present labor supply, and balancing projected labor demand and supply.
2. Organizing
Organizing is a function by which the concern is able to define the role
positions, the jobs related and the coordination between authority and
responsibility. Hence, a manager always has to organize in order to get
results.
3. Staffing
Human resource management (HRM), or staffing, is the management
function devoted to acquiring, training, appraising, and compensating

Page | 56
employees. In effect, all managers are human resource managers, although
human resource specialists may perform some of these activities in large
organizations. Solid HRM practices can mold a company's workforce into a
motivated and committed team capable of managing change effectively and
achieving the organizational objectives
4. Directing
Directing consists of process or technique by which instruction can be issued
and operations can be carried out as originally planned” Therefore, Directing
is the function of guiding, inspiring, overseeing and instructing people towards
accomplishment of organizational goals.
Operative Functions
1. Procurement
 Job analysis
Job analysis is a systematic exploration of the activities within a job. It is a
basic technical procedure, one that is used to define the duties,
responsibilities and accountabilities of a job.
 Human resource planning
 Recruitment
Recruitment is one of the most important parts of HR, as if you get this
process right you’re halfway there, as you have minimized any potential
employee’s issues that can arise in future
 Selection
 Placement
Placement is understood as the allocation of people to the job. It is
assignment or re-assignment of an employee to a new or different job.
Placement includes initial assignment of new employees and promotion,
transfer or demotion of present employees.

Page | 57
 Orientation:
Employee orientation, also commonly referred to as on boarding or
organizational socialization, is the process by which an employee acquires
the necessary skills, knowledge, behaviors, and contacts to effectively
transition into a new organization (or role within the organization).
 Socialization
Socialization formats are unique to each firm. However, some basic purposes
include emphasizing these areas: the employment situation (job, department,
and company), company policies and rules, compensation and benefits,
corporate culture, team membership, employee development, dealing with
change, and socialization.
2. Development
 Career Planning and development
 Workers Training
 Executive development
 Organizational development
3. Compensation
 Job evaluation
 Performance Evaluation
 Wages administration
 Incentives and benefits
4. Maintenance and Motivation
 Employee well-being
 Social security
 Workers participation
 Motivation
 Job rotation
 HR records, research and audit
 HR information
5. Integration
 Industrial relations

Page | 58
 Discipline
 Grievance redressal
 Dispute settlement
 Collective bargaining
SWOT Analysis
Strengths:
 Strong Security System

 mechanized
machinery.

positioning

management


Weakness:
 Lack of benefits and rewards for
the employees.

Page | 59
Detail of SWOT Analysis
SRENGTHS
1. Strong Security System
Packaging Solutions has a greater security system. There are different hidden
security cameras which capture the all moments.
2. High quality product
Packaging Solutions using advance technology like they have modern
machinery by which the quality of product produced is very high.
3. Latest mechanized machinery
And by using that latest machinery the productivity of the employees are very
high.
Opportunity:
 Organization Can expand
product lines.
 Organization Can capture new
market segments around the world

cost by proper utilization of
resources
 -
educated and experienced person.
Threats:
 New Entry of competitors




Page | 60
4. Tremendous market positioning
Packaging Solutions is one of the pioneer company in the Pakistan so it got
the position in the mind of its customer.
5. Highly qualified and skilled management
The management of Packsol is skilled they have hired the foreign graduate
people in their management and also experienced people from all over the
country.
6. Highly Motivated Workforce
They are providing better pay to their employees and also bonus to them
which motivate the workforce and they are doing well at work setting.
WEAKNESSES
Lack of benefits and rewards for the employees
Some facilities that other providing to their employees like Transport not
providing to their employees because of which the productivity of the employees
decrease.
OPPORTUNITY
1. Organization Can expand product lines
They have plants and the extra cost for the production will be low for Packsol.
And they also have better market repute.
2. Organization Can reduce the cost by proper utilization of resources
If the cost of different matters which is not utilizing properly is controlled by
the Packsol management they can produce more in a few costs. It has to
develop a further systematic process for controlling and managing resources.

Page | 61
3. Organization Can hire more well-educated and experienced person
They can take advantages by hiring more skilled people and they should hire
young, fresh and energetic staff for their betterment.
THREATS
1. Buyer needs demands changes
Because of the research and development the design and the product of
Packsol is just satisfactory as compare to competitors in the globally and they
are not fulfilling the demand of customer.
2. Changed of government policies
Government policies are changing day to day so it is a threat for the Packsol
to survive in such a changeable situation.
3. New Entry Of Competitors
Major competitors are;
i. Packages Limited
ii. Khursheed Packages
iii. Citi Packages
iv. Roshan Packages
v. Century Packages

Page | 62
PEST Analysis
Political Instability
The political situation of Pakistan is not satisfactory. Due to the rapid change in
the Government every government sets its own new trade policies.
Govt. should apply sustainable policies for the beneficial of the exporters as well
as the investors.
Economic situation
The economic condition of Pakistan can also affect the foreign investors
increasing inflation rate make the cost of production high and thus reduce the
profit margin of the investor.
Social situation
The change in the market and needs in different demographics also affect the
demand of the customers.
• Change in Market
and Needs
•Technological
development
• Increasing inflation
rate
• High cost
• low profit
• political instability
• Rapid change in
Gvt. policies
P E
ST

Page | 63
Due to all these changes Packaging Solutions is performing excellent for the
excellence organization as well as for the customer.
Technological factor
Technological advancement in all the sectors of the country has changed the
entire socio-economic environment. Especially in the production sector there is a
lot of technological development.
Treet Corporation Limited (the holding Company) was incorporated in Pakistan
on 22 January 1977 as a Public Limited Company under the Companies Act,
1913. Its shares are listed on Karachi, Lahore and Islamabad Stock Exchanges.
The principal activity of the holding company is to manufacture and sell razors
and razor blades along with sale of soaps. The registered office of the holding
company is situated at 72-B, Industrial Area, Kot Lakhpat, Lahore.
Global Econo Trade (Private) Limited was incorporated in Pakistan on 21
October 2004 as a Private Limited Company under the Companies Ordinance,
1984. Global Econo Trade (Private) Limited commenced its commercial
operations from 01 January 2005. The principal activity of Global Econo Trade
(Private) Limited is manufacturing and sale of bikes. Its registered office is
situated at 72 - B, Industrial Area, Kot Lakhpat, Lahore.
First Treet Manufacturing Modaraba is a multipurpose, perpetual and multi
dimensional Modaraba formed under the Modaraba Companies and Modaraba
(Floatation and Control) Ordinance, 1980 on 27 July 2005 and rules framed there
under and is managed by GET, incorporated in Pakistan under the Companies
Ordinance, 1984 and registered with registrar of Modaraba Companies. Its
registered office is situated at 72-B, Industrial Area, Kot Lakhpat, Lahore. First
Treet Manufacturing Modaraba is listed on Lahore Stock Exchange and is
engaged in the manufacture and sale of corrugated boxes, paper and soap.
TCL Labor-Hire (Private) Limited was incorporated in Pakistan on 18 September
2006 as a Private Limited Company under the Companies Ordinance, 1984. TCL
Labor-Hire (Private) Limited is engaged in the business of rendering professional
and technical services and providing related workforce to the host companies /
customers under service agreements. Its registered office of TCL Labor-Hire

Page | 64
(Private) Limited is situated at 72-B, Industrial Area, Kot Lakhpat, Lahore.
Treet Services (Private) Limited was incorporated in Pakistan on 26 October
2007 as a Private Limited Company under the Companies Ordinance, 1984.
Treet Services (Private) Limited is engaged in the business of whole range of
industrial, administrative, technical and accounting control as well as janitorial
and premises maintenance, providing of contractual employment and supply of
labor. Its registered office is situated at 72-B, Industrial Area, Kot Lakhpat,
Lahore.

Page | 65
TreetPower Limited
Treet Power Limited was incorporated on 20 November 2007 in Pakistan as an
unquoted Public Limited Company under the Companies Ordinance, 1984. At
present Treet Power Limited is planning to set up an electric power generation
project for generating, distribution and selling of electric power. Its registered
office is situated at 72-B, Industrial Area, Kot Lakhpat, Lahore.
Basis of Consolidation
These consolidated financial statements comprise the financial statements of the
holding company and its subsidiary companies as at 30 June 2013.
a) Subsidiaries
The financial statements of the subsidiary companies have been consolidated
on a line-by-line basis and the carrying values of the investments held by the
holding company have been eliminated against the shareholders’ equity in the
subsidiary companies.
The financial statements of the subsidiaries are prepared for the same
reporting year as the holding company, using consistent accounting policies.
All intragroup balances, transactions, income and expenses and profits and
losses resulting from intragroup transactions that are recognised in assets,
are eliminated in full.
The subsidiaries are fully consolidated from the date of acquisition, being the
date on which the holding company obtains control, and continue to be
consolidated until the date that such control ceases.
The purchase method of accounting is used to account for the acquisition of
subsidiaries by the group. The cost of an acquisition is measured as the fair
value of the assets given, equity instruments issued and liabilities incurred or
assumed at the date of exchange, plus costs directly attributable to the
acquisition. Identifiable assets acquired and liabilities and contingent liabilities
assumed in a business combination are measured initially at their fair values

Page | 66
at the acquisition date, irrespective of the extent of any non-controlling
interest. The excess of the cost of acquisition over the fair value of the
Group’s share of the identifiable net assets acquired is recorded as Goodwill.
b) Non-controlling interest
Non-controlling interest is that part of net results of operations and of net
assets of the subsidiaries which are not owned by the holding company either
directly or indirectly. Non-controlling interest is presented as a separate item
in the consolidated financial statements. The Group applies a policy of
treating transactions with non-controlling interests as transactions with parties
external to the Group. Disposals to non-controlling interests result in gains
and losses for the Group and are recorded in the income statement.
c) Associates
Associates are all entities over which the Group has significant influence but
not control. The Group’s share of its associate’s post-acquisition profit or loss
is recognised in the profit and loss account, and its share of post-acquisition
movements in reserves is recognised in reserves. The cumulative post-
acquisition move-ments are adjusted against the carrying amount of the
investment. When the Group’s share of losses in an associate equals or
exceeds its interest in the associate, including any other unsecured
receivables, the Group does not recognize further losses, unless it has
incurred obligations or made payments on behalf of the associate.
Unrealized gains on transactions between the Group and its associates are
eliminated to the extent of the Group’s interest in the associates. Unrealized
losses are also eliminated unless the transaction provides evidence of an
impairment of the asset transferred.

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