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Shakarganj

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Shakarganj
File:Shakarganj Group logo.png
Public
Traded asPSXSML
ISIN🆔
IndustrySugar, Milk, Juices, Biofuels, Textiles
Founded 📆1967; 58 years ago (1967)
Founder 👔Altaf M. Saleem
Headquarters 🏙️, ,
Area served 🗺️
Revenue🤑 Decrease 7.40 billion (US$70 million) - 2018[1]
Decrease 92.8 million (US$880,000) - 2018
Decrease 14.0 million (US$130,000) - 2018
Total assetsIncrease14.31 billion (US$140 million) - 2018
Total equityIncrease 1.86 billion (US$18 million) - 2018
Members
Number of employees
1435
SubsidiariesShakarganj Foods
Shakarganj Limited
🌐 WebsiteGeneral
Corporate
📇 Address
📞 telephone

Shakarganj (شکر گنج) is a Pakistani industrial company in the sugar, foods, and milk industries.[2][3]

History[edit]

The company was established in 1967 by a Chinioti business family and is based in Lahore, Pakistan. Shakarganj Limited is a publicly-traded company traded on the Pakistan Stock Exchange.[4][5]

In March 2003, the company produced more than 90,000 tons of sugar.[6]

In August 2008, a new biogas power plant in Jhang, Pakistan was inaugurated which will generate enough power to support more than 50,000 homes.[7]

Subsidiaries[edit]

Many of this business group's manufacturing facilities are located at Jhang District, Punjab, Pakistan.[4]

Shakarganj group has the following production units:

  • Sugar Mills[2][4][5]
  • Biofuel Power[2][4]
  • Building Materials[2][4][5]
  • Food Products (a leading Pakistani producer of dairy products and fruit juices)[2][5]
  • Textile Division (yarn production)[2][5]
  • Farming (crops include sugarcane, wheat, gram, maize or corn, fodder and seasonal vegetables)[4][5]

References[edit]

  1. "Shakarganj Limited - Annual Report 2018" (PDF). www.sml.com.pk.
  2. 2.0 2.1 2.2 2.3 2.4 2.5 "Profile of Shakarganj Limited". Business Recorder (newspaper). 20 June 2018. Retrieved 14 December 2020.
  3. Shakarganj Limited – company description and stock quote on Wall Street Journal newspaper Published 11 December 2020, Retrieved 14 December 2020
  4. 4.0 4.1 4.2 4.3 4.4 4.5 Shakarganj Limited – Business Summary and company profile on MarketScreener.com website Retrieved 14 December 2020
  5. 5.0 5.1 5.2 5.3 5.4 5.5 Dilawar Hussain (12 January 2017). "Milk earnings to bring company back to health". Dawn (newspaper). Retrieved 14 December 2020.
  6. "Shakarganj produces 90,869 tons of sugar". DAWN.COM. 18 March 2003.
  7. "First Sugarcane Biogas Plant in Pakistan". DAWN.COM. 1 August 2008.

External links[edit]


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