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July 06, 2015 7:26 AM ET

Textiles, Apparel and Luxury Goods

Company Overview of Gadoon Textile Mills Ltd.

Company Overview

Gadoon Textile Mills Limited manufactures and sells yarns in Pakistan and internationally. It offers compact, murata jet spun, core spun, grey cotton ring spun, synthetic, poly and cotton, murata vortex spun, open end, siro, lycra, and slub yarn products; double compact spun yarns on ring machine; and ring spun and 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

3,735 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. to Report Q3, 2015 Results on Apr 22, 2015

Gadoon Textile Mills Ltd. announced that they will report Q3, 2015 results on Apr 22, 2015

Gadoon Textile Mills Ltd., Board Meeting, Apr 22, 2015

Gadoon Textile Mills Ltd., Board Meeting, Apr 22, 2015., at 11:30 Pakistan Standard Time. Agenda: To consider the accounts for the third quarter ended March 31, 2015.

Gadoon Textile Mills Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2014

Gadoon Textile Mills Ltd. reported earnings results for the second quarter and six months ended December 31, 2014. For the quarter, the company reported sales-net of PKR 4,884,270,000 compared to PKR 5,082,973,000 for the same period a year ago. Profit before taxation was PKR 199,258,000 compared to PKR 345,844,000 for the same period a year ago. Net profit after tax was PKR 151,011,000 or PKR 6.44 per basic and diluted share compared to PKR 287,301,000 or PKR 12.26 per basic and diluted share for the same period a year ago. For the six months, the company reported sales-net of PKR 10,153,643,000 compared to PKR 10,467,478,000 for the same period a year ago. Profit before taxation was PKR 150,283,000 compared to PKR 668,603,000 for the same period a year ago. Net profit after tax was PKR 60,060,000 or PKR 2.56 per basic and diluted share compared to PKR 592,291,000 or PKR 25.57 per basic and diluted share for the same period a year ago.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 8, 2014
Fazal Textile Mills Ltd.
 

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