Pakistan’s largest Glass product manufacturer, Tariq Glass Industries Limited (TGL) has achieved a significant milestone by securing a debut position in Forbes Asia’s prestigious “200 Best Under A Billion” list. It’s worth highlighting that among the few Pakistani companies recognized, TGL proudly claims its spot.
This achievement serves as a clear testament to the consistent growth trajectory the company has carved over past years. In the highly competitive Asia-Pacific business arena, TGL’s inclusion among the finest underscores not only our robust financial performance but also our potential for growth and overall business distinction.
The trajectory of Tariq Glass Industries Limited from its inception to this eminent acknowledgment has been characterized by innovation, tenacity, and an unswerving pledge to deliver top-notch products conforming to global standards. The accomplishment at hand owes its existence to the unflinching dedication exhibited by our employees, the astute management team, and the insightful guidance provided by our esteemed board members.
TGL holds capacity of 340TPD, 1050TPD & 70TPD for tableware, float-glass & container, having 44%, 50% & 16% of total market share respectively. However, total market share of company is hovering around 65-70% in glass industry.
Despite economic slowdown in the country, Import restrictions and other challenges, TGL managed to post a profit after tax of Rs2.19bn
(EPS: Rs12.73) in 9MFY2023 as compared to a profit after tax of Rs3.84bn (EPS: Rs22.34) in the same period last year.
Guided by Excellence, Driven by Innovation
At the core of Tariq Glass Industries Limited’s success lies a culture of innovation. The company’s commitment to pushing boundaries and exploring new frontiers has propelled it to the forefront of the glass manufacturing industry. By embracing cutting-edge technologies, implementing sustainable practices, and fostering a culture of continuous improvement, Tariq Glass Industries Limited sets an inspiring example for the business community.
Tariq Glass Industries Limited’s journey has not only been marked by financial success but also by a dedication to sustainable growth. The company’s efforts in minimizing its environmental footprint and contributing positively to the communities it operates in exemplify its commitment to responsible business practices. This approach not only enhances its reputation but also sets a standard for others to emulate.
A Future Bright with Promise
As Tariq Glass Industries Limited continues to illuminate Pakistan’s corporate landscape, its trajectory remains one of promise and potential. With a dynamic leadership team, an innovative spirit, and a legacy of excellence, the company is poised to contribute significantly to the nation’s economic growth and industrial development.
In summary, Tariq Glass Industries Limited’s journey from humble beginnings to its current position as a listed company in Pakistan is a testament to its unwavering commitment to quality, innovation, and sustainable growth. As the company continues to shine brightly, it inspires others to dream big and strive for excellence in their endeavors.
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