Karachi: Symmetry Group Limited has announced the execution of several digital service contracts with major Pakistani customers, set to significantly boost its revenue streams. The company disclosed these developments in compliance with Section 96 of the Securities Act 2015 and clause 5.6.1(a) of the Code of Corporate Governance as stipulated in the PSX Rule Book.
According to information available from the Pakistan Stock Exchange (PSX), Symmetry Group Limited has finalized contracts with six notable clients for various digital projects. These clients include Habib Bank Limited, Jubilee Life Insurance Company Limited, EFU Life Assurance Limited, Faysal Bank Limited, Martin Dow Limited, and Karachi Water and Sewerage Corporation. All transactions are denominated in Pakistani Rupees (PKR).
The scope of these agreements covers providing interactive and transformation services, reflecting Symmetry Group's ongoing commitment to enhancing digital capacities across multiple sectors. The total expected revenue from these new contracts surpasses PKR 130 million, marking a significant milestone in the company's operations.
Symmetry Group Limited emphasized its dedication to continuous improvement and delivering shareholder value as it expands its digital service offerings in the region. This strategic move is anticipated to reinforce the company's market position by leveraging technology-driven solutions to meet the increasing demands of its corporate clients.