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September 04, 2015 7:21 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


Founded in 1988

3,735 Employees


92 21 3520 5479


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. Appoints Zulekha Tabba Maskatiya as Alternative Director

Gadoon Textile Mills Ltd. announced that the board of directors of the company has appointed Mrs. Zulekha Tabba Maskatiya as alternative director, in the absence of elected director of the company Mrs. Rahila Aleem, who will be absent from Pakistan for more than three months with effect from August 11, 2015.

Gadoon Textile Mills Ltd., Board Meeting, Aug 19, 2015

Gadoon Textile Mills Ltd., Board Meeting, Aug 19, 2015., at 11:30 Pakistan Standard Time. Agenda: To consider issuance of shares of the company to the shareholders of Fazal Textile Mills Ltd in accordance with the Scheme of Arrangement.

Gadoon Textile Mills Ltd. Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended March 31, 2015

Gadoon Textile Mills Ltd. Reported consolidated earnings results for the third quarter and nine months ended March 31, 2015. The company reported net sales of PKR 4,166,599,000, loss before tax of PKR 15,936,000, loss of PKR 50,286,000 or PKR 2.15 per basic and diluted share against net sales of PKR 4,891,725,000, profit before tax of PKR 170,655,000, profit of PKR 133,200,000 or PKR 5.68 per basic and diluted share a year ago. For the year, the company reported net sales of PKR 14,320,243,000, profit before tax of PKR 134,349,000, profit of PKR 9,775,000 or PKR 0.42 per basic and diluted share against net sales of PKR 15,359,202,000, profit before tax of PKR 839,259,000, profit of PKR 725,492,000 or PKR 30.95 per basic and diluted share a year ago. Cash generated from operations was PKR 378,501,000 against cash used in operating activities of PKR 2,130,328,000 a year ago. Purchase of property, plant and equipment was PKR 350,917,000 against PKR 882,618,000 a year ago.

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Recent Private Companies Transactions

December 8, 2014
Fazal Textile Mills Ltd.

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