Former Caretaker Federal Minister Gohar Ejaz said Pakistan could get apparel and garment orders worth around $5 billion from Western clothing brands in two weeks. Ejaz added that the window…
The urgency of Pakistan’s textile industry cannot be overstated. It is currently grappling with serious issues such as the high cost of production, high interest rates, inadequate gas supply and…
Trade Development Authority of Pakistan will participate in the biggest international trade fair for home and contract textiles - Heimtextil Frankfurt, 14 – 17 January 2025 Heimtextil is the industry's…
Sohail Nisar, Sr. Vice Chairman of the Pakistan Yarn Merchants Association (PYMA), along with Vice Chairman Jaweed Khanani and members of the Executive Committee, expressed deep concern regarding the imposition…
§ The government has revised the tax regime for the export-based industry, transitioning from a full and final tax of 1% of turnover/sales to a normal corporate tax. This change in…
Topline Securities recently hosted a Corporate Briefing Session (CBS) of Gul Ahmed Textile Mills (GATM), wherein the management discussed the company's recent financial results and prospects. The company has borrowed…
Texworld Tashkent, a unique platform, presents a wide range of fabrics, from classic to innovative, as well as accessories and materials for the textile industry. This exclusive event is held…
The Yarn Brokers, Traders & Importers Association, Karachi, has expressed serious concerns over the sale of imported polyester yarn in local markets under the Export Finance Scheme (EFS). The association…
Trade Development Authority of Pakistan will participate in Apparel Sourcing New York 16 – 18 July, 2024, at the Javits Convention Center in New York, USA, called The Sourcing Event…
IGATEX PAKISTAN, the country's premier Garment, Textile & Digital Printing Machinery and Accessories Exhibition, concluded on a high note at the Expo Centre Lahore. Organised by Fakt Exhibitions (Pvt.) Ltd.,…
Interloop Limited (ILP) announced its 3QFY24 result today, where the company recorded an unconsolidated earnings of Rs4.1bn (EPS of Rs2.95). This takes 9MFY24 earnings to Rs13.2bn (EPS of Rs9.39) down…
IGATEX PAKISTAN – Country's Largest Garment, Textile & Digital Printing Machinery and Accessories Exhibition organized by Fakt Exhibitions (Pvt.) Ltd. opened its doors on 1st May 2024 at Expo Centre…
Nishat Chunian Limited (NCL) announced its 3QFY24 results today. The company posted an unconsolidated NPAT of PkR381mn (EPS: PkR1.6) compared to a loss of PkR991mn (LPS: PkR3.8) in the quarter…
Paris, as one of the major fashion capitals of the world, is the best place to promote and sell brand(s) and collections in Europe, the West, and increasingly in the…
Today, Prime Minister Shehbaz Sharif presented awards to 65 leading exporters and compliant taxpayers in a ceremony held at the PM Office. Among the recipients, Mr Tariq Rafi, the Chairman…
All Pakistan Textile Mills Association, Southern Zone has strongly rejected the increase of 223 in gas tariff in the last year and termed it as detrimental to the export-oriented textile…
Gul Ahmed Textile Mills (GATM) has reported consolidated NPAT of PKR0.5bn (EPS: PKR0.74) for 2QFY24, down 34% YoY but flat QoQ. This takes 1HFY24 total consolidated NPAT to PKR1.0bn, down…
Interloop Limited (ILP) announced the financial result for 1HFY24 today, where the company posted a PAT of PKR 9,857mn (EPS: PKR 7.03) against PKR 4,585mn (EPS: PKR 3.27) in 1HFY23,…
As per news flow, the privatization Commission (PC) board endorsed a transaction plan to divest at least 51% of Pakistan International Airlines (PIAA) shares, following a balance sheet adjustment where…
The largest-ever Pakistani participation at Heimtextil has started in Frankfurt am Main from yesterday, the international trade fair for home and contract textiles. Pakistan is the 4th largest country in…
Facts and Figures More than 44,000 international trade buyers and 1000 visitors from Pakistan. In 2024 we expect more than 2500 exhibitors, of whom 280 are from Pakistan. One location…
The Employers' Federation of Pakistan and the GIZ of Germany had a very exclusive meeting to discuss a common strategy to highlight the issues faced by the textile sector and…
Nishat Chunian Limited (NCL) held its analyst briefing session earlier today to apprise the investors about the FY23 KPIs and the company's future outlook. Some of the key takeaways from…
Chairman – All Pakistan Textile Mills Association (APTMA) Southern Zon, Zahid Mazhar, has strongly rejected the recent extraordinary increase in gas tariff for the export-oriented industries and termed it detrimental…
Nishat Chunian Limited (NCL) announced its 1QFY24 results, where the company posted a PAT of PkR0.5bn (EPS: PkR2.1) vs. a profit of PkR0.4bn (EPS: PkR1.9) in the preceding quarter, an…
