SERVICE GLOBAL FOOTWEAR LIMITED

CORPORATE BRIEFING SESSION

FOR THEYEAR ENDED

DECEMBER 31, 2022

CONTENTS

COMPANY PROFILE

03

CORPORATE SOCIAL RESPONSIBILITY

07

FINANCIAL PERFORMANCE

08

FUTURE OUTLOOK

19

COMPANY PROFILE

  • SERVICE GLOBAL FOOTWEAR LIMITED (SGFL) is a subsidiary of SERVICE INDUSTRIES LIMITED - SERVIS GROUP.
  • SGFL has incorporated a wholly owned subsidiary by the name of DONGGUAN SERVICE GLOBAL LIMITED (DSGL) to undertake procurement, marketing and product development activities.
  • SGFL was operating as an integrated unit of Service Industries Limited ("SIL") since 1988 which was demerged in 2019 into a separate entity.
  • Export oriented unit.
  • Largest footwear exporter of Pakistan accounting over 40% of the total leather footwear exports. SGFL exports almost 98% of its total production to 20+ countries over 5 continents.
  • First solar powered shoe manufacturer in Asia with a total solar electricity generation capacity of 2 MW.
  • Listed on Pakistan Stock Exchange in 2021.
  • Total market capitalization as on May 18, 2023 is more than PKR 6 billion.

Manufacturing & Selling

of Footwear

Largest footwear

exporter of Pakistan

Export to more than 20+

countries over the

5 continents

COMPANY PROFILE (CONT.)

DETAILS OF SUBSIDARY - DONGGUAN SERVICE GLOBAL LIMITED (DSGL)

  • A wholly-owned subsidiary of Service Global Footwear Limited ,has been set up to undertake procurement, marketing and product development activities for footwear products.
  • China, being the hub of the global footwear industry, presents an opportunity both for expanding customer base and sourcing directly at optimum prices with maximum efficiency.
  • Expected reduction in average procurement prices by 3% to 4%. Efficiency in supply chain would lead to shipments being delivered on time.
  • On site, closer coordination with customers for sample development would result in reduction of lead time by 3-4 weeks.
  • Engagement and on-boarding of prospective customers through direct liaison due to physical presence in China, expansion of customer base and tapping of new export markets for SGFL
  • R&D opportunities, learning new production techniques and assessing latest market trends enabling marketing and production teams to be more effective and responsive to industry dynamics

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Service Global Footwear Ltd. published this content on 19 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 May 2023 07:29:10 UTC.