Karachi, Service Industries Limited informed Pakistan Stock Exchange that the company has received, a fire broke out at the factory premises of the company at Muridke on February 09, 2022 which was brought under control. It, however, has caused damage to the raw material store and some finished goods inventory. There has been no damage to the production facilities. The insurance companies are assessing the extent of loss caused by the fire break out.
Service Industries Limited was incorporated on 20 March 1957 in Pakistan. The principal activities of the Company are purchase, manufacture and sale of footwear, tyres and tubes and technical rubber products. The factories are situated in Gujrat and one in Sheikhupura Road, Muridke
The total number of shares the company has introduced so far are 46,987,500. Their Earnings per shares in 2020 is 29.37 which was 37.73 in 2019. The Profit After Taxation in 2020 is 690,024,000 which was 886,364,000 in 2019.