Shakarganj
TypePublic
PSX: SML
IndustrySugar, Milk, Juices, Biofuels, Textiles
Founded1967 (1967)
FounderAltaf M. Saleem
Headquarters
Lahore
,
Pakistan
RevenueDecrease Rs. 7.40 billion (US$26 million) - 2018[1]
Decrease Rs. 92.8 million (US$320,000) - 2018
Decrease Rs. 14.0 million (US$48,000) - 2018
Total assetsIncreaseRs. 14.31 billion (US$50 million) - 2018
Total equityIncrease Rs. 1.86 billion (US$6.4 million) - 2018
Number of employees
1435
SubsidiariesShakarganj Foods
Shakarganj Limited
WebsiteGeneral
Corporate

Shakarganj Limited (شکر گنج), formerly known as Shakarganj Mills Limited, is a Pakistani conglomerate company active 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. 1 2 3 4 5 6 "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. 1 2 3 4 5 6 Shakarganj Limited – Business Summary and company profile on MarketScreener.com website Retrieved 14 December 2020
  5. 1 2 3 4 5 6 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.


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