SG ALLIED BUSINESSES LIMITED

B-40, S.I.T.E, KARACHI, PAKISTAN

  • The company is currently engaged in following areas:
    • Cold Storage and Warehousing Facility.
    • Hydroponic growing of value added vegetables and Mushrooms.
  • An Investment of Rs. 105,763,713/- is made in new Hydroponic Facility for growing of Mushrooms and Inshaa Allah Production will start from January 2023, which will significantly increase Company's Revenue and Profitability.
  • Vertical Farm is a new technology which is introduced for the First time in Pakistan and also Mushroom in Hydroponic is also our new Technology.
  • The Company is trying to find new areas where investment can be made and Profitability of the company can be increased.
  • However, there are many challenges because

of uncertainty faced by every business and some of the challenges are as follows:

  • Restrictions in imports.
  • Difficulty in opening Letter of Credit for Raw Material as well as Spare Parts.
  • So these are the challenges which may effect the company's future working.

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SG Allied Businesses Ltd. published this content on 09 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 December 2022 10:22:04 UTC.