Report & Un-Audited Accounts for the Half Year Ended June 30, 2023
Sustainable Growth Starts with Action
Service Global Footwear Limited
Half Year 2023 1
Contents
02 Company Information
04 Director's Report to the Shareholders
06 Independent Auditor's Review Report
Unconsolidated Condensed Interim Financial Statements
08-09 Unconsolidated Condensed Interim Statement of Financial Position
10 Unconsolidated Condensed Interim Statement of Profit or Loss
11 Unconsolidated Condensed Interim Statement of Comprehensive Income
12 Unconsolidated Condensed Interim Statement of Changes in Equity
13 Unconsolidated Condensed Interim Statement of Cash Flows
14-26 Selected Notes to the Unconsolidated Condensed Interim Financial Statements
Consolidated Condensed Interim Financial Statements
29 Group Directors' Report to the Shareholders
30-31 Consolidated Condensed Interim Statement of Financial Position
32 Consolidated Condensed Interim Statement of Profit or Loss
33 Consolidated Condensed Interim Statement of Comprehensive Income
34 Consolidated Condensed Interim Statement of Changes in Equity
35 Consolidated Condensed Interim Statement of Cash Flows
36-50 Selected Notes to the Consolidated Condensed Interim Financial Statements
51 Group Directors' Report to the Shareholders (Urdu) 52-53 Director's Report to the Shareholders (Urdu)
2 Service Global Footwear Limited
Company Information
Board of Directors
Mr. Arif Saeed
Chairman / Non-Executive Director
Mr. Hassan Javed
Chief Executive Officer /
Executive Director
Chaudhry Ahmed Javed
Non-Executive Director
Mr. Omar Saeed
Non-Executive Director
Mr. Azmat Ali Ranjha
Independent Director
Mr. Abdul Rashid Lone
Independent Director
Ms. Maleeha Humayun Bangash
Independent Director
Mr. Hassan Ehsan Cheema
Executive Director
Mr. Qadeer Ahmed Vaseer
Executive Director
Chief Financial Officer
Mr. Usman Liaqat
Company Secretary
Mr. Waheed Ashraf
Audit Committee
Mr. Abdul Rashid Lone
Chairman
Mr. Omar Saeed
Member
Human Resource and
Remuneration Committee
Mr. Azmat Ali Ranjha
Chairman
Mr. Hassan Javed
Member
Mr. Omar Saeed
Member
Bankers
MCB Bank Limited
Habib Bank Limited
Faysal Bank Limited
Soneri Bank Limited
Allied Bank Limited
Askari Bank Limited
Meezan Bank Limited
MCB Islamic Bank Limited
Habib Metropolitan Bank
Standard Chartered Bank (Pakistan)
Limited
Samba Bank Limited
Bank Al Habib Limited
Dubai Islamic Bank Limited
Bank Islami Pakistan Limited
Bank of Punjab - Islamic
United Bank Limited
Auditors
M/s. Riaz Ahmad & Company, Chartered Accountants
Legal Advisor
Muhammad Ashfaq,
Advocate High Court,
of M/s. Bokhari Aziz & Karim 2-A,Block-G,Gulberg-II, Lahore.
Registered Office
Servis House,
2-Main Gulberg, Lahore-54662.Tel:+92-42-35751990-96Fax:+92-42-35710593
Shares Registrar
M/s. Corplink (Pvt.) Limited Wings Arcade, 1-K Commercial, Model Town, Lahore Tel:+92-42- 35916719,
35839182 Fax: +92-42-35869037
Pakistan Stock Exchange Limited
Stock Exchange Symbol SGF
Factory
10-KM Muridke, Sheikhupura Road, Muridke
Web Presence www.serviceglobalfootwear.com
Ms. Maleeha Humayun Bangash
Member
"Great works are performed, not by strength, but by perseverance "
- Samuel Johnson
Half Year 2023 3
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Service Global Footwear Ltd. published this content on 25 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 August 2023 10:01:03 UTC.