Service Long March Tyres Limited held a Corporate Briefing Session detailing its performance and future outlook for the financial year ending June 30, 2026.
- The company is Pakistan's largest truck and bus radial tyre manufacturer, with a capacity of 2.0M tyres annually.
- Revenue has compounded at 64% annually since FY2023, with operating profit increasing by 166%.
- Export revenue reached PKR 18.5B in FY2026, accounting for 36% of total volume, primarily to the US and Brazil.
- Local market share grew from 15% to 62% over the same period, driven by a 33% CAGR in truck sales.
- Future plans include increasing capacity to 5.6M tyres by FY2030, with a new passenger car radial (PCR) project set to begin production in January 2028.
- Challenges include rising raw material costs, with natural rubber prices at a 13-year high.
- Sustainability efforts have seen renewable energy consumption rise to 23% of total electricity used.