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Human Resouce Management

Human Resouce Management

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Published by Aamir Hayat
This study is about 100 Successful Business of Pakistan. It includes Introduction to these companies, their products, major customers, their sale& profit & loss of last five years and information about Chief Executives of these companies
This document is property of “Graduate School of Management International Islamic University Islamabad” (prepared by the students of MBA 20c)
This study is about 100 Successful Business of Pakistan. It includes Introduction to these companies, their products, major customers, their sale& profit & loss of last five years and information about Chief Executives of these companies
This document is property of “Graduate School of Management International Islamic University Islamabad” (prepared by the students of MBA 20c)

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Published by: Aamir Hayat on Feb 17, 2010
Copyright:Attribution Non-commercial

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06/18/2013

(Introduction)

GOLDEN STAR FANS is the shinning name in the fan industry, with its export quality products
to alleviate the seasonal effect en route to an icon of interior for the exclusive people, who want inclusive
functioning variety of fans cum style to complete their house into an ideal home.

Based in legendary city of Gujrat Pakistan, GOLDEN STAR FANS has become the world’s renowned
manufacturer and international exporter of fan products. The owner and managing director, Mr. Zulfiqar
started his career as a lathe machine (Kharad) expert, after gaining vast working experience of 25 years

209

in different fan manufacturing factories, finally in 1977, he founded the Golden star fan industry.
Being chairman of Gujrat chamber of commerce and active executive member of Pakistan Electric Fan
Manufacturing Association, he is proud to lead the industry to broaden the horizons and has
revolutionized

the

fan

manufacturing.

Our reliability is the confidence of customers on our trusted name that successfully enable GOLDEN
STAR FANS
serving the product demand for Pakistan and worldwide customers, who uses our products
with satisfaction and contentment of a life time guarantee attached to our products including a wide
range of Ceiling fans, pedestal fans, table fans, circumatic fans, wall bracket fans, louver fans and
exhaust fans, enables you to select the most competitive product for any location within your resources.

Since its inception, GOLDEN STAR FANS provides life time effective and noiseless products, resulted
from the committed efforts of its highly skilled and disciplined panel of specialized engineers and
mechanize manufacturing processes that utilizes efficient modern equipment ensuring the product quality
accepted world wide, with the promise "NO COMPROMISE ON QUALITY"
Our edge in this industry is our spirited and leading experience in fan manufacturing with worldwide
competitor that enable us to keep our technology up to the date through educating our engineers on new
advancements in specific application demands and the installation of latest manufacturing plants.
You're heartily reception to GOLDEN STAR FANS world that will unveil the differences we are proud
of.

Vision:

Our name, GOLDEN STAR FANS vision of the golden era, where the concept of fan industry is not
limited to air circulation but much more than the expectation of innovative age.In order to make the difference,
we work on the futuristic approach to stay ahead of time for our customers by closely analyzing the trends in
style and seasonal requirement, we do complete research on technology need, keeping in view of the
competitors; we make sure to provide the best of breed for low electricity consumption and lifetime
performance.

GOLDEN STAR FANS believes to be SMART (Specific, Measurable, Accurate, Realistic, Timely) to reach its
goal.

GOLDENSTAR FANS (PVT) LTD

www.goldenstarfans.com

Date of Establishment:

1977

Authorized capital:

Rs.60, 000

No of Employees:

30-40
E-mail: goldenstarfans@hotmail.com
Website: www.goldenstarfans.com
Contacts: +92-53-3514151
+ 92-53-3524151

Fax: +92-53-3534151
Products:

210

Ceiling Fan
Pedestal Fan
Louver Fan
Braclet Fan
Exhast Fan
Circumatic Fans
Washing machines

Profit&Loss:

GOLDENSTAR FANS (PVT) LTD

(CEO Information)
Name:
Malik Zulfikar Ahmad Awan
Age:

53 years

CEO Address:

VILL.MARJAN THE. TALAKANG
DISTT. CHAKWAL

Education:

PRIMARY FROM LOCAL GOVT.SCHOOL.

E-mail: goldenstarfans@hotmail.com
Mobile: 0300-8620952

+92-53-351

+92-53-352 4151
Website: www.goldevstarfans.com
Carrier:

He started his carrier in 1971 at kotli electrical engineer Rawalpindi and in 1975 he went to
Gujranwala where he work for 1 year, after 1 year he came to Gujrat start work in different fan

211

Profitability of Last Six Years

200000 254340 372509

234560

402424 392433

0

100000

200000

300000

400000

500000

2003 2004 2005 2006 2007 2008
Years

Profit(Rs)

companies at contract. He work as a contract worker for 10 years and get the award of best contractor.
During his job as a contractor he start his own business in 1977.

Engro

(Introduction)

Search for oil by Pak Stanvac, an Esso/Mobil joint venture in 1957, led to the discovery of Mari gas
field situated near Daharki -- a small town in upper Sindh province. Esso was the first to study this
development in detail and propose the establishment of a urea plant in that area.
The proposal was approved by the government in 1964, which led to a fertilizer plant agreement signed
in December that year. Subsequently in 1965, the Esso Pakistan Fertilizer Company Limited was
incorporated, with 75% of the shares owned by Esso and 25% by the general public. The construction of
a urea plant commenced at Daharki the following year with the annual capacity of 173,000 tons and
production commenced in 1968. At US $ 43 million, it was the single largest foreign investment by an
MNC

in

the

country.
A full-fledged marketing organization was established which undertook agronomic programs to educate
the farmers of Pakistan. As the nation’s first fertilizer brand, Engro (then Esso) helped modernize
traditional farming practices to boost farm yields, directly impacting the quality of life not only for
farmers and their families, but for the community at large. As a result of these efforts, consumption of
fertilizers increased in Pakistan, paving the way for the Company’s branded urea called "Engro", an
acronym for "Energy for Growth".

212

As part of an international name change program, Esso became Exxon in 1978 and the company was
renamed Exxon Chemical Pakistan Limited. The company continued to prosper as it relentlessly pursued
productivity gains and strived to attain professional excellence.
In 1991, Exxon decided to divest its fertilizer business on a global basis. The employees of Exxon
Chemical Pakistan Limited, in partnership with leading international and local financial institutions
bought out Exxon’s 75 percent equity. This was at the time and perhaps still is the most successful
employee buy-out in the corporate history of Pakistan. Renamed as Engro Chemical Pakistan Limited,
the Company has gone from strength to strength, reflected in its consistent financial performance, growth
of the core fertilizer business and diversification into other fields.
Investment in people, process solutions and resource conservation initiatives have reduced energy use
per ton of urea by a third, whilst increasing urea production nearly six-fold since 1968. Not only does
this save money, it stretches non-renewable energy sources and mitigates the impact of waste. Along the
way, a major milestone in plant capacity upgrade coincided with the employee led buy-out; innovatively
optimizing our resources, Engro re-located fertilizer manufacturing plants from the UK and US to its
Daharki plant site – an international first. Our pioneering spirit continues in our social investments,
exemplified by the only snake-bite treatment facility in the Ghotki region and the first telemedicine
intervention in the country.

Engro Chemical Pakistan Ltd. 7th & 8th Floors,
The Harbor Front Building HC # 3, Marine Drive, Block 4,
Clifton – Karachi
Tel: 111-211-211

Engro

Paid up capital:

300,000,000(Per share

Rs.10)

Profitability of

Six

Years:

213

Profitability of Six Years
(Rupees in Million)

2327

2534

2233

2641

2756

3279

4539

0

500

1000

1500

2000

2500

3000

3500

4000

4500

5000

2002

2003

2004

2005

2006

2007

2008

Years

Profit (Rs)

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