Service Industries Ltd 2022 AR2
The report highlights Service Industries Limited's financial and operational performance for the fiscal year 2022, showcasing a 30% increase in net sales to PKR 42.59 billion, driven by the tyre division and retail network expansion. Despite revenue growth, high input costs and rising interest rates impacted net profitability. The company continued its commitment to corporate social responsibility through the Servis Foundation, investing in healthcare and education initiatives. Additionally, the report details the group's adherence to corporate governance standards and its efforts to maintain a safe and inclusive workplace.
Company: Service Industries Ltd
Sector: Manufacturing
Country: Pakistan
Year: 2022
Type: AR2
Pages: 264
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Service Industries Ltd
Annual Report
The report highlights Service Industries Limited's financial and operational performance for the fiscal year 2022, showcasing a 30% increase in net sales to PKR 42.59 billion, driven by the tyre division and retail network expansion. Despite revenue growth, high input costs and rising interest rates impacted net profitability. The company continued its commitment to corporate social responsibility through the Servis Foundation, investing in healthcare and education initiatives. Additionally, the report details the group's adherence to corporate governance standards and its efforts to maintain a safe and inclusive workplace.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees