Service Global Footwear Limited

Service Global Footwear Limited

PPSX:SGF
108.45
PKR
-0.57
(-0.52%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Hassan Javed
Full Time Employees
5,499
Sector
Consumer non-durables
Industry
Apparel/Footwear
Address
Lahore Pakistan
IPO Date
Apr 28, 2021
Business
Service Global Footwear Limited is a Pakistan-based export-oriented footwear manufacturer and a subsidiary of Service Industries Limited, operating under the Servis Group umbrella. Incorporated in 2019 and headquartered in Lahore, Pakistan, the company specializes in the design, development, contract manufacturing, marketing, and export of leather and non-leather footwear, components, and allied products. Service Global Footwear Limited functions as Pakistan's largest footwear exporter, supplying international brand owners, department stores, and specialty retailers across more than 20 countries throughout Europe, North America, Australia, Asia, and Africa. The company's comprehensive product and service portfolio encompasses men's, women's, and children's formal dress shoes; casual lifestyle footwear, slip-ons, and moccasins; athletic sneakers, running shoes, and athleisure footwear; fashion boots, ankle boots, and cold-weather boots; safety, occupational, and protective work footwear; sandals, slides, and open-toe footwear; shoe uppers and finished leather goods; in-house molded outsoles, including polyurethane, thermoplastic rubber, and ethylene-vinyl acetate components; original equipment manufacturing and original design manufacturing services; 3D prototyping, rapid tooling, and footwear design solutions; and raw material testing, physical inspection, and international quality compliance services. Operationally, the company runs extensive, integrated manufacturing facilities located in Muridke, Punjab, featuring specialized production units and dedicated manufacturing lines tailored to prominent international partner brands such as Caprice and Dockers. Service Global Footwear Limited manages global supply chain operations, component procurement, and product development through its wholly owned international subsidiary, Dongguan Service Global Limited, located in Guangdong, China. In recent developments, Service Global Footwear Limited has significantly diversified its strategic asset base by deploying public listing capital into a substantial equity stake in Service Long March Tyres (Private) Limited, a joint venture between the Servis Group and Chaoyang Long March Tyre Co., which manufactures all-steel radial truck and bus tyres for domestic and global markets. The company has also expanded its sustainable manufacturing operations by integrating multi-megawatt rooftop solar power systems across its production facilities, positioning itself among Asia's leading renewable-powered footwear manufacturing facilities. Additionally, the company continues to broaden its customer base across Western European and North American markets while reinforcing its capital structure through ongoing share capital adjustments under its employee equity plans and consistent dividend distributions.