According to a research report by AHL Research, Service Global Footwear Limited (SGF) is expected to announce its financial results for the first half of 2024 on August 24, 2024.

The Company is predicted to report a profit after tax (PAT) of PKR 800 million, an 84% increase from the previous year ¹. Earnings per share (EPS) are expected to be PKR 3.88 ¹. For the second quarter of 2024, SGF is expected to post a profit of PKR 448 million, a 142% increase from the previous year, with an EPS of PKR 2.18. Due to higher sales volume, the Company’s top line is expected to increase by 35% to PKR 5.2 billion.

A cash dividend of PKR 2.00 per share is also expected to be announced.

Service Global Footwear Limited was incorporated as a public limited Company on 19 July 2019 under the Companies Act 2017. The Company’s principal activities are manufacturing, selling, marketing, importing, and exporting footwear, leather, and other products. It is a wholly-owned subsidiary of Service Industries Limited.