August 27, 2016 3:22 PM ET

Textiles, Apparel and Luxury Goods

Company Overview of Gadoon Textile Mills Ltd.

Company Overview

Gadoon Textile Mills Limited engages in the manufacture and sale of yarns and knitted fabrics in Pakistan and internationally. It provides compact, murata jet spun, core spun, grey cotton ring spun, synthetic, poly/cotton, murata vortex spun, open end, siro, lycra, slub, and slub core spun yarns, as well as double compact spun yarns on ring machines and ring spun/compact spun double yarns on doubling machines. The company was founded in 1988 and is based in Karachi, Pakistan. Gadoon Textile Mills Limited is a subsidiary of Y.B. Holdings (Private) Limited.

7-A, Muhammad Ali Housing Society

Abdul Aziz Haji Hashim Tabba Street

Karachi,  75350

Pakistan

Founded in 1988

4,786 Employees

Phone:

92 21 3520 5479

Fax:

92 21 3438 2436

Key Executives for Gadoon Textile Mills Ltd.

Gadoon Textile Mills Ltd. does not have any Key Executives recorded.

Gadoon Textile Mills Ltd. Key Developments

Gadoon Textile Mills Ltd. Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended March 31, 2016

Gadoon Textile Mills Ltd. reported unaudited earnings results for the third quarter and nine months ended March 31, 2016. For the quarter, the company's sales-net was PKR 5,534,334,193 compared to PKR 5,611,776,525 a year ago. Loss before taxation was PKR 74,048,580 compared to profit before taxation PKR 47,524,413 a year ago. Net loss was PKR 119,518,667 compared to net profit of PKR 512,334 a year ago. Basic and diluted loss per share before taxation was PKR 2.64 compared to earnings per share of PKR 1.85 a year ago. Basic and diluted loss per share after taxation was PKR 4.26 compared to earnings per share of PKR 0.02 a year ago. For the nine months, the company's sales-net was PKR 15,911,658,339 compared to PKR 17,323,208,640 a year ago. Loss before taxation was PKR 19,029,682 compared to profit before taxation PKR 256,525,840 a year ago. Net loss was PKR 111,881,561 compared to net profit of PKR 99,027,214 a year ago. Basic and diluted loss per share before taxation was PKR 0.68 compared to earnings per share of PKR 9.97 a year ago. Basic and diluted loss per share after taxation was PKR 3.99 compared to earnings per share of PKR 3.85 a year ago.

Gadoon Textile Mills Ltd. to Report Q3, 2016 Results on Apr 25, 2016

Gadoon Textile Mills Ltd. announced that they will report Q3, 2016 results on Apr 25, 2016

Gadoon Textile Mills Ltd., Board Meeting, Apr 25, 2016

Gadoon Textile Mills Ltd., Board Meeting, Apr 25, 2016, at 11:30 Pakistan Standard Time. Agenda: To consider the third quarterly accounts for the period ended March 31, 2016.

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