Pakistan Textiles: In need of a stitch in time
IsmailIqbal Securities arranged a briefing on Pakistan’s textile industry yesterday. Speakers included Muhammad Ali Haroon, CFO of Al Karam Textile Mills; Imran Moten, CFO of Gadoon Textile Mills and Abdul Aleem, CFO of Gul Ahmed Textile Mills. The speakers covered the current challenges being faced by the textile industry, competitive position of Pakistan versus other countries and future outlook for the industry.
Gadoon Textile Mills Ltd. Gadoon Textile Mills Limited is a Pakistan-based company, which operates in the textile industry. The principal activity of the Company is manufacturing and sale of yarn and knitted fabrics. The Company operates in the business-two-business segment of the industry and its production facilities consist of spinning and processing all categories of cotton and manmade fibers, including knitting home textiles and jersey. The Company deals in a range of products, including Compact Yarn, Murata Jet Spun Yarn, Core Spun Yarn, 100% Grey Cotton Ring Spun Yarn, Man Made/Blended Yarn, Poly/Cotton Yarn, Murata Vortex Spun Yarn, Open-End Yarn, Siro Yarn, Lycra Yarn, Slub Yarn, Slub Core Spun Yarn, Compact Core Spun Yarn, Double Compact Spun Yarn on Ring Machine (Without Doubling) and Ring Spun/Compact Spun Double Yarn on Doubling Machine. The Company also offers Grey and Dyed Fabric and Knitted Fitted Sheet/Comforter.
Co. is engaged in the manufacture and sale of cotton and yarn.
Ismail Iqbal Securities (Private) Limited (IISPL) is a TREC holder of the Pakistan Stock Exchange, as well as an SECP registered Underwriter and Book Runner. IISPL provides comprehensive financial services including Equity Sales, Research on Equities and the Macro-Economy, Investment Advisory, Portfolio Management, Corporate Finance, and extensive services for Private Equity investors. IISPL services a diversified client base, from Institutional to Retail Investors including High Net worth Individuals.
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