Al Shaheer Corp. Ltd.
PPSX:ASC7.76
PKR
-0.07
(-0.89%)
ISIN
PK0110401012
Return %
Stock
S&P 500
1Y
-55.96
14.20
3Y
-13.97
81.12
5Y
-40.14
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Muhammad Farrukh
- Full Time Employees
- 77
- Sector
- Distribution services
- Industry
- Food distributors
- Address
- Karachi Pakistan
- IPO Date
- Jun 30, 2015
- Website
- ascfoods.com
- Similar Companies
- Business
- Al Shaheer Corporation Limited is a Pakistan-based Halal meat processing, packaging, and distribution company engaged in the slaughtering, procurement, processing, and marketing of fresh, chilled, and frozen meat products. The company operates across three primary business segments: Retail, Institutional Food Service, and Exports. Its core product portfolio comprises fresh, chilled, and frozen beef, mutton, poultry, and seafood cuts; whole and half carcasses; primal and sub-primal cuts; offal; and value-added, ready-to-cook and ready-to-eat frozen meat products, including burger patties, meatballs, seekh kababs, chapli kababs, chicken nuggets, tenders, and breaded meat items. Al Shaheer Corporation commercializes its consumer offerings through multiple proprietary brand names: Meat One, a premium specialty retail butchery chain offering certified Halal meat cuts; Khaas Meat, a neighborhood retail butchery format targeting mass-market consumer segments; and Chef One, a branded line of packaged frozen foods and convenience items distributed across modern trade supermarkets and general retail stores. In its institutional division, the company serves as a contract manufacturer and bulk meat supplier to quick-service restaurant chains, international food franchises, hotels, and corporate caterers, including commercial supply partnerships with McDonald's Pakistan. The company operates modern abattoir and cold-chain processing facilities in Gadap, Karachi, and a dedicated frozen food processing plant in Lahore, distributing products across domestic metropolitan hubs and exporting chilled and frozen meat to international markets across the Middle East and Gulf Cooperation Council (GCC) region, including Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, Bahrain, and Oman. In recent corporate developments, Al Shaheer Corporation expanded its value-added consumer footprint with the commercialization of its Lahore frozen food production facility, supporting the nationwide rollout of the Chef One brand and expanding institutional supply agreements with major hospitality clients. Additionally, the company entered into a proposed change of control transaction involving an intended 53.5% majority share acquisition and tender offer by private investors associated with Unity Group, which was subsequently placed under regulatory review and suspension by the Securities and Exchange Commission of Pakistan (SECP) under Section 125 of the Securities Act, 2015. Founded in 2008 as Al Shaheer Farms (Private) Limited and incorporated as a public limited company in June 2012, Al Shaheer Corporation Limited is headquartered in Karachi, Pakistan, and trades on the Pakistan Stock Exchange under the ticker ASC.