Symmetry Group Announces Acquisition of New Customers with Projected Revenue Growth

Karachi, Symmetry Group, in compliance with Section 96 of the Securities Act 2015 and clause 5.6.1(a) of the Code of Corporate Governance as contained in the Pakistan Stock Exchange (PSX) Rule Book, has announced the acquisition of several new customers, marking a significant development in its business operations.

The company has successfully onboarded Circles Life Asia Technology Pte Limited, based in Singapore, known for owning the ONIC Brand. Additionally, Symmetry Group has acquired Hashoo Group, the owner of the well-known Pearl Continental Hotels and Resorts, PC Legacy, and Hotel One brands in Pakistan. Another significant addition to their clientele is Jaffer Consulting, a subsidiary of Jaffer Business Systems, also based in Pakistan.

These new customer acquisitions are expected to be a substantial boost to Symmetry Group’s business. The company anticipates generating revenue of approximately PKR 30 million in the next 12 months from these collaborations. This forecasted revenue increase reflects the strategic growth and expansion of Symmetry Group’s market presence, both locally and internationally.

The acquisition of such prominent customers is a testament to Symmetry Group’s growing influence and capability in its field. It represents a crucial step in the company’s ongoing efforts to expand its client base and enhance its financial performance.

Check Also

Junaid Chaudhry Announces Establishment of Fisheries, Aquaculture Centre in Karachi

Karachi: Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced the establishment of a fisheries and aquaculture research centre at the Korangi Fish Harbour Authority in Karachi. According to Radio Pakistan, the Minister stated ...