March 29, 2017 3:37 AM ET

Textiles, Apparel and Luxury Goods

Company Overview of ICC Textiles Limited

Company Overview

ICC Textiles Limited manufactures and sells grey fabrics primarily in Pakistan. It offers various apparel products, including corduroys, broken twills, drills/twills, slubs, plains, BFCs, poplins, satins, stretch, panamas, herringbones, and ribstops. The company also provides home textile products, such as satins, percales, stripe satins, dobby checks, sheetings, bark cloths, dobby diamonds, panamas, and dot satins. It exports its products to Europe, North America, and the Far East. ICC Textiles Limited was incorporated in 1989 and is headquartered in Lahore, Pakistan.

Upper Mall

242-A, Anand Road

PO Box: 1280

Lahore,  54000

Pakistan

Founded in 1989

404 Employees

Phone:

92 42 3575 1765

Fax:

92 42 3578 9206

Key Executives for ICC Textiles Limited

Chief Executive Officer and Executive Director
Chief Financial Officer
Company Secretary
Compensation as of Fiscal Year 2016.

ICC Textiles Limited Key Developments

ICC Textiles Limited Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2016

ICC Textiles Limited reported earnings results for the second quarter and six months ended December 31, 2016. For the quarter, the company reported sales-net of PKR 1,234,369 compared to PKR 132,435,325 a year ago. Operating loss was PKR 23,137,208 compared to PKR 39,928,092 a year ago. Loss before taxation was PKR 11,539,621 compared to PKR 45,494,693 a year ago. Loss after taxation was PKR 9,961,855 compared to PKR 43,874,121 a year ago. Basic and diluted loss per share was PKR 0.33 compared to PKR 1.46 a year ago. For the six months, the company reported sales-net of PKR 17,505,690 compared to PKR 253,380,141 a year ago. Operating loss was PKR 53,571,321 compared to PKR 82,531,639 a year ago. Loss before taxation was PKR 46,297,177 compared to PKR 81,314,797 a year ago. Loss after taxation was PKR 38,585,994 compared to PKR 78,185,005 a year ago. Basic and diluted loss per share was PKR 1.29 compared to PKR 2.61 a year ago.

ICC Textiles Limited, Board Meeting, Feb 28, 2017

ICC Textiles Limited, Board Meeting, Feb 28, 2017, at 15:00 Pakistan Standard Time. Agenda: To consider the quarterly accounts for the period ended December 31, 2016 for declaration of any entitlement.

ICC Textiles Limited Reports Financial Results for the First Quarter Ended September 30, 2016

ICC Textiles Limited reported financial results for the first quarter ended September 30, 2016. For the quarter, the company reported operating loss of PKR 16,271,321, loss before taxation of PKR 34,757,556 and loss after taxation of PKR 28,624,139 or PKR 0.95 per diluted share on sales of PKR 16,271,321 against operating loss of PKR 22,767,631, loss before taxation of PKR 35,767,631 and loss after taxation of PKR 34,310,884 or PKR 1.14 per diluted share on sales of PKR 120,944,816 for the last year.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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