Secure Logistics Group Limited (SLGL): Trax Merger - Investor Briefing Takeaways - By Taurus Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">SLGL is set to become Pakistan&rsquo;s first true 4PL logistics provider post-merger with Trax Online Limited, effective from April 1st, 2025. The merged entity will offer end-to-end logistics solutions, incorporating five verticals: Logistics, Last-Mile Delivery, Warehousing, Fleet Management, and Security Services. SLGL will remain listed on the PSX.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">SLGL reported CY24 net sales of ~PKR 2.3Bn, posting a net profit of ~PKR 600Mn with net margins of ~26%. These results reflect SLG's pre-merger performance based on its traditional logistics and asset-based infrastructure.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-s...