Shakarganj

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Shakarganj
TypePublic
PSX: SML
IndustrySugar, Milk, Juices, Biofuels, Textiles
Founded1967; 55 years ago (1967)
FounderAltaf M. Saleem
Headquarters
Lahore
,
Pakistan
RevenueDecrease ₨7.40 billion (US$46 million) - 2018[1]
Decrease ₨92.8 million (US$580,000) - 2018
Decrease ₨14.0 million (US$87,000) - 2018
Total assetsIncrease₨14.31 billion (US$89 million) - 2018
Total equityIncrease ₨1.86 billion (US$12 million) - 2018
Number of employees
1435
SubsidiariesShakarganj Foods
Shakarganj Limited
WebsiteGeneral
Corporate

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

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. ^ a b c d e f "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. ^ a b c d e f Shakarganj Limited – Business Summary and company profile on MarketScreener.com website Retrieved 14 December 2020
  5. ^ a b c d e f 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 (newspaper). 18 March 2003. Retrieved 21 September 2021.
  7. ^ "First Sugarcane Biogas Plant in Pakistan". Dawn (newspaper). 1 August 2008. Retrieved 21 September 2021.

External links[]


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