Arctic Textile Mills Limited
PPSX:ARCTM80.16
PKR
+0.76
(+0.96%)
ISIN
PK0037401012
Return %
Stock
S&P 500
1Y
135.76
14.20
3Y
324.58
81.12
5Y
829.93
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- Sector
- Process industries
- Industry
- Textiles
- Address
- Faisalabad Pakistan
- IPO Date
- Oct 30, 1989
- Website
- arctictextile.com
- Similar Companies
- Business
- Arctic Textile Mills Limited is a Pakistan-based textile manufacturing enterprise primarily engaged in the production, processing, and commercial sale of cotton yarn and blended textile products. Operating within the basic materials and textile spinning industry, the company manufactures and distributes a comprehensive portfolio of yarn products, including 100% pure cotton yarn; combed cotton yarn; carded cotton yarn; polyester-cotton (PC) blended yarn; synthetic and blended fibers; ring-spun yarns; and specialized yarns for weaving, knitting, and apparel fabrication serving domestic fabric mills and international textile markets. Founded in 1987 and headquartered in Lahore, Pakistan, the company established its primary production facilities in the Punjab province. In recent developments, Arctic Textile Mills Limited has been actively pursuing strategic restructuring and corporate reorganization to address historical operational suspensions and liquidity challenges. The company has engaged in debt restructuring and settlement agreements with creditor financial institutions, while its board of directors evaluates capital rehabilitation frameworks, potential strategic equity partnerships, and formal amendments to the company's memorandum of association to enable business diversification into alternative commercial trading and industrial activities, aimed at reviving commercial operations and ensuring ongoing compliance on the Pakistan Stock Exchange.