BMA Textile universe is estimated to undergo an impressive jump in revenue and profitability to PKR 78Bn (↑48/5% YoY/QoQ) and PKR 6.6Bn (↑25/2% YoY/QoQ), respectively for the quarter ended Mar'22,…
We expect Nishat Mills Limited (NML) to post NPAT of PkR2.2bn (EPS: PkR6.13) in 3QFY22 vs PkR1.9bn (EPS: PkR5.32) in 3QFY21, up by 15.2%YoY. This will take 9MFY22 earnings to…
Acting President of Korangi Association of Trade and Industry (KATI) Farrukh Qandhari has welcomed the establishment of the Textile Council by the government for the development of the textile sector.…
As per data released by Pakistan Bureau of Statistics (PBS), textile exports for the month of Mar'22 clocked-in at USD 1.6Bn as compared to USD 1.4Bn in the SPLY (↑20%…
Sapphire Finishing Mills, a leading vertically integrated textile group based in Pakistan, reaffirmed their commitment to digital transformation and to becoming a leading Industry 4.0 textile operation by signing a…
As per the data reported by the Pakistan Bureau of Statistics (PBS), Pakistan textile exports surged to a record high of US$12.6bn in 8MFY22, up 26% YoY. In PKR terms,…
Nishat Chunian Ltd (NCL) recently announced intentions to separate its subsidiary Nishat Chunian Power Ltd. (NCPL) as an independent entity. That is, it will transfer its holding in NCPL to…
The management of Nishat Chunian Limited (NCL) held a corporate briefing session today to discuss the FY21 financial results and future outlook on the company’s strategy going forward. Highlights: · …
Mr. Zahid Mazhar, Sr. Vice Chairman, All Pakistan Textile Mills Association (APTMA) has out rightly rejected the statements appearing in the media from Pakistan Hosiery Manufacturers Association and Pakistan Textile…
International Apparel Sourcing Show is scheduled to be held on 19 – 21 January, 2020. The trade fair's objective is to help American apparel brands, retailers; wholesalers and independent design…
