Shakarganj

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

Shakarganj
TypePublic
PSX: SML
IndustrySugar, Milk, Juices, Biofuels, Textiles
Founded1967 (1967)
FounderAltaf M. Saleem
Headquarters
Lahore
,
Pakistan
Revenue ₨7.40 billion (US$46 million) - 2018[1]
₨92.8 million (US$580,000) - 2018
₨14.0 million (US$87,000) - 2018
Total assets₨14.31 billion (US$89 million) - 2018
Total equity ₨1.86 billion (US$12 million) - 2018
Number of employees
1435
SubsidiariesShakarganj Foods
Shakarganj Limited
WebsiteGeneral
Corporate

History

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

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
  1. "Shakarganj Limited - Annual Report 2018" (PDF). www.sml.com.pk.
  2. "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. Shakarganj Limited – Business Summary and company profile on MarketScreener.com website Retrieved 14 December 2020
  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.
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