Sapphire Group
 | |
| Public | |
| Traded as | KSE |
| Industry | Textile, Power Generation |
| Founded | 1940 in Calcutta, British India |
| Headquarters | Lahore, Pakistan |
| Products | Textiles and textile products |
| Revenue |
 $ 800 million |
| Total assets |
US$500 million PKR 5 Billion |
Number of employees | 16,000 (2012) |
| Website |
www |
Sapphire Group is a Pakistani industrial conglomerate largely focused on the textile industry. Based in Lahore, it is a vertically integrated textile group, manufacturing cotton yarn, fabric, and finished garments. Its products are exported to over 35 destinations around the globe, and the Group employs more than 16,000 people.
In 2012, the Group had a turnover of over US $800 million, with an asset base of over US $500 million. It has the spinning capacity of 350,000 spindles, with a production capacity of 65,000 kg of yarn per month from 6/s to 120/s, Knits dyeing and finishing and apparels unit has a capacity of knitting 500 tons of greige fabric and 300 tons of dyed and finished fabric and producing 430,000 garments per month.[1][2]
The Group has also diversified into the power generation and dairy sectors. Sapphire Electric Company is a 234 Megawatt combined cycle plant in Muridke.[3] Sapphire Dairies Private Limited operates a large mechanized dairy farm based on 100 acres near Manga, Lahore, with a herd size of 3000 and a target of 10,000 milking cows (300,000 liters per day) by 2020.[4]
References
- ↑ "About Sapphire Group". sapphiremills.com.
- ↑ "'Sapphire' to invest Rs500m in power co". The Nation.
- ↑ "Bank Alfalah to buy 30pc Sapphire shares to enter power sector". The Nation.
- ↑ "Sapphire". sapphire.com.pk.