News

Increased costs hamper shoe company profits in Pakistan

13/11/2018

Two of Pakistan’s largest footwear producers have released figures for the first nine months of 2018. Service Industries Limited (SIL) achieved revenues of almost $130 million between January and September 2018, an increase of 11% compared to the same months last year, although its consolidated revenues fell by 18.5% to around $3.8 million. It...

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