Knowledge (XXG)

Descon

Source 📝

268: 248: 228: 208: 188: 338:
This company was first established in 1977, now it has been grown into a diversified group. Today, the company operates as a group in a range of sectors, including engineering, power, and chemicals. The company was founded on 15 December 1977. It operates in the
637: 622: 632: 438:
Descon Engineering operates as part of a wider group of companies, each with a specific area of focus within the engineering and industrial sectors. Some notable subsidiaries include:
617: 448:
Descon Plant Design and Project Services (PDPS): A division of Descon Engineering formed through a strategic acquisition of a 26% stake in a South African PDPS company
652: 70: 657: 647: 642: 423:. By 2018, this company was generating 60% of its income from overseas markets which helped the company grow to be a billion-dollar company. 200: 29: 419:
In 1982, they tried to expand to regional markets, where they helped a Saudi company and afterwards got a small project in
581: 464: 492: 528: 294: 627: 353: 165: 59: 328: 87: 582:
Descon:Press Release:21 August 2018:Descon expands acquiring consulting operations in South Africa
366: 115: 451:
Olayan Descon Industrial Company (ODI) (founded 1981): A joint venture with Olayan Saudi Holding
413: 260: 412:
asked to set up a small refinery in 1978. In 1981, they got a bigger four-year project of
409: 430:
by acquiring 26% of Plant Design and Project Services (PDPS), an engineering firm there.
377:
3.2 million. From this, they expanded into three sectors and now they are operating in
558:"Descon head wants a level playing field under CPEC (China-Pakistan Economic Corridor)" 45: 611: 324: 53: 427: 402: 386: 76: 351:
sectors. Descon is the only Pakistani engineering company to be included in the
340: 344: 289: 220: 469: 420: 442:
Descon Oxychem Limited (DOL) (founded 2004): A Pakistani chemical company
373:(Descon) in 1977. The initial capital used for starting this startup was 348: 152: 445:
Descon Engineering Qatar (LLC) (founded 2002): A Qatari branch of Descon
28: 602: 390: 332: 125: 63: 557: 382: 240: 638:
Construction and civil engineering companies established in 1977
398: 394: 33: 271: 251: 231: 211: 191: 378: 172: 158: 596: 623:
Construction and civil engineering companies of Pakistan
305: 300: 288: 278: 258: 238: 218: 198: 182: 142: 132: 121: 111: 93: 83: 69: 51: 41: 529:"Descon plans to venture into South Africa market" 633:Multinational companies headquartered in Pakistan 522: 520: 518: 516: 514: 493:"Descon kicks off 40th anniversary celebrations" 487: 485: 601:Business data for Descon Engineering Limited.: 8: 426:In 2018, Descon expanded its footprint into 371:Design Engineering and Construction Services 21: 454:Presson Descon International Limited (PDIL) 27: 20: 408:The company got its first contract when 618:Pakistani companies established in 1977 551: 549: 481: 653:Chemical companies established in 1977 7: 658:Privately held companies of Pakistan 648:Electric power companies of Pakistan 416:which helped the company to expand. 327:: ڈیسکون انجینئرنگ) is a Pakistani 497:The News International (newspaper) 14: 527:Haq, Shahram (25 December 2017). 357:(a US magazine) list since 2007. 267: 266: 247: 246: 227: 226: 207: 206: 187: 186: 643:Chemical companies of Pakistan 556:Nasir Jamal (8 January 2018). 16:Pakistani conglomerate company 1: 465:List of companies of Pakistan 365:The company was founded by 674: 295:Descon Engineering Limited 26: 354:Engineering News-Record 99:; 46 years ago 97:15 December 1977 533:The Express Tribune 280:Number of employees 23: 499:. 15 November 2017 367:Abdul Razak Dawood 315:Descon Engineering 234:4.9 billion (2023) 116:Abdul Razak Dawood 22:Descon Engineering 414:National Refinery 331:headquartered in 312: 311: 274:14 billion (2023) 254:22 billion (2023) 194:28 billion (2023) 665: 628:Pakistani brands 597:Official website 584: 579: 573: 572: 570: 568: 562:Dawn (newspaper) 553: 544: 543: 541: 539: 524: 509: 508: 506: 504: 489: 376: 308: 270: 269: 263: 250: 249: 243: 230: 229: 214:7 billion (2023) 210: 209: 201:Operating income 190: 189: 171:Yasir Siddique ( 107: 105: 100: 79: 31: 24: 673: 672: 668: 667: 666: 664: 663: 662: 608: 607: 593: 588: 587: 580: 576: 566: 564: 555: 554: 547: 537: 535: 526: 525: 512: 502: 500: 491: 490: 483: 478: 461: 436: 410:Attock Refinery 374: 363: 304: 281: 259: 239: 223: 203: 178: 145: 135: 103: 101: 98: 75: 56: 37: 17: 12: 11: 5: 671: 669: 661: 660: 655: 650: 645: 640: 635: 630: 625: 620: 610: 609: 606: 605: 599: 592: 591:External links 589: 586: 585: 574: 545: 510: 480: 479: 477: 474: 473: 472: 467: 460: 457: 456: 455: 452: 449: 446: 443: 435: 432: 362: 359: 310: 309: 302: 298: 297: 292: 286: 285: 282: 279: 276: 275: 264: 256: 255: 244: 236: 235: 224: 219: 216: 215: 204: 199: 196: 195: 184: 180: 179: 177: 176: 169: 162: 157:Taimur Saeed ( 155: 151:Taimur Dawood 148: 146: 143: 140: 139: 136: 133: 130: 129: 123: 119: 118: 113: 109: 108: 95: 91: 90: 85: 81: 80: 73: 67: 66: 57: 52: 49: 48: 43: 39: 38: 32: 15: 13: 10: 9: 6: 4: 3: 2: 670: 659: 656: 654: 651: 649: 646: 644: 641: 639: 636: 634: 631: 629: 626: 624: 621: 619: 616: 615: 613: 604: 603:SECP fillings 600: 598: 595: 594: 590: 583: 578: 575: 563: 559: 552: 550: 546: 534: 530: 523: 521: 519: 517: 515: 511: 498: 494: 488: 486: 482: 475: 471: 468: 466: 463: 462: 458: 453: 450: 447: 444: 441: 440: 439: 433: 431: 429: 424: 422: 417: 415: 411: 406: 404: 400: 396: 392: 388: 384: 380: 372: 368: 360: 358: 356: 355: 350: 346: 342: 336: 334: 330: 326: 322: 321: 316: 307: 303: 299: 296: 293: 291: 287: 284:22,000 (2023) 283: 277: 273: 265: 262: 257: 253: 245: 242: 237: 233: 225: 222: 217: 213: 205: 202: 197: 193: 185: 181: 174: 170: 167: 164:Asad Ashfaq ( 163: 160: 156: 154: 150: 149: 147: 141: 137: 131: 127: 124: 120: 117: 114: 110: 96: 92: 89: 86: 82: 78: 74: 72: 68: 65: 61: 58: 55: 50: 47: 44: 40: 35: 30: 25: 19: 577: 565:. Retrieved 561: 538:15 September 536:. Retrieved 532: 501:. Retrieved 496: 437: 434:Subsidiaries 428:South Africa 425: 418: 407: 403:South Africa 387:Saudi Arabia 370: 364: 352: 337: 329:conglomerate 319: 318: 314: 313: 290:Subsidiaries 261:Total equity 241:Total assets 122:Headquarters 88:conglomerate 77:PK0132801017 42:Company type 18: 567:11 December 503:11 December 341:engineering 134:Area served 612:Categories 476:References 306:descon.com 221:Net income 144:Key people 128:, Pakistan 104:1977-12-15 36:since 2008 470:Pearl GTL 421:Abu Dhabi 375:Rs.  138:Worldwide 54:Traded as 459:See also 349:chemical 153:chairman 84:Industry 361:History 301:Website 183:Revenue 112:Founder 102: ( 94:Founded 62::  391:Kuwait 333:Lahore 320:Descon 126:Lahore 46:Public 383:Qatar 345:power 569:2019 540:2024 505:2019 401:and 399:Iraq 395:Oman 347:and 325:Urdu 272:US$ 252:US$ 232:US$ 212:US$ 192:US$ 71:ISIN 34:Logo 379:UAE 369:as 323:) ( 173:CFO 166:COO 159:CEO 64:DOL 60:PSX 614:: 560:. 548:^ 531:. 513:^ 495:. 484:^ 405:. 397:, 393:, 389:, 385:, 381:, 343:, 335:. 571:. 542:. 507:. 317:( 175:) 168:) 161:) 106:)

Index


Logo
Public
Traded as
PSX
DOL
ISIN
PK0132801017
conglomerate
Abdul Razak Dawood
Lahore
chairman
CEO
COO
CFO
US$
Operating income
US$
Net income
US$
Total assets
US$
Total equity
US$
Subsidiaries
Descon Engineering Limited
descon.com
Urdu
conglomerate
Lahore

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.