Saif Group

Saif Group
Public
Traded as KSE
Industry Textile, Power Generation
Founded 1927 (1927) by Khan Faizullah Khan
Headquarters Islambad, Pakistan
Key people
Javed Saifullah Khan (Chairman)
Revenue Increase $ 2 billion
Website www.saifgroup.com

Saif Group is a Pakistani conglomerate company largely focused on textile industry. Based in Islamabad, it is involved in power, health care, textiles, real estate and telecommunications. The group manages and owns 11 companies.[1][2][3]

Its textile division owns and manages three companies: Saif Textile Mills with installed capacity of 88,476 spindles is located in Khyber Pakhtunkhwa,[4] Kohat Textile Mills with installed capacity of 44,400 spindles is located in Kohat, and Mediterranean Textile Company is located in Egypt; it has an installed capacity of 63,312 spindles for the production of 100% cotton yarn.[5] Saif Power Ltd (SPL) is a 225 MW Combined Cycle Thermal Power Project in the Sahiwal District of Punjab, Pakistan.[6]

Saif Energy Limited (SEL) holds interests in 4 blocks with a total oil and gas exploration acreage of 3109.66 km2 in consortium with other E&P companies, including Oil and Gas Development Company OGDCL (Pakistan), Mari Petroleum Company Limited MPCL (Pakistan), and Tullow Oil (Ireland).[7] They brought the first GSM phone service to Pakistan in 1994 in a venture with Motorola, named as Mobilink but it sold its stakes in 2007.[8]

The chairman is Javed Saifullah Khan.[9]

References

  1. "Rs22.2m for Balochistan quake survivors". Nation.com.pk. 2013-12-03. Retrieved 2016-05-20.
  2. Malik, Rashid (2012-11-30). "Pakistan Stocks: SAIF - Saif Textile Mills Limited - Analysis - 30/11/2012". Pakistan-stocks.blogspot.com. Retrieved 2016-05-20.
  3. "SAIF TEXTILE MILLS LTD. - Textile Spinning Mills - Islamabad". Pagespak.com. Retrieved 2016-05-20.
  4. "Saif Textile Mills Limited". Saif Group. Retrieved 2016-05-20.
  5. "Mediterranean Textile Company". Saif Group. Retrieved 2016-05-20.
  6. "Power Generation". Saif Group. Retrieved 2016-05-20.
  7. "Oil & Gas Exploration". Saif Group. Retrieved 2016-05-20.
  8. "Drilling Amid the Taliban". Forbes.com. Retrieved 2016-05-20.
  9. "Saif Group of Companies chairman joins PTI". Pakistan Today. 2012-02-08. Retrieved 2016-05-20.
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