Asim Textile Mills Ltd.
PPSX:ASTM58.13
PKR
+5.27
(+9.97%)
ISIN
PK0044701016
Return %
Stock
S&P 500
1Y
154.51
14.20
3Y
215.92
81.12
5Y
650.06
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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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
FRC
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in mil. unless spec.Company Description
- Sector
- Process industries
- Industry
- Textiles
- Address
- Faisalabad Pakistan
- IPO Date
- Dec 15, 1991
- Website
- asimtextile.com
- Similar Companies
- Business
- Asim Textile Mills Limited is a Pakistan-based textile manufacturing enterprise primarily engaged in the manufacturing, processing, and sale of cotton and blended yarn products. The company operates in the spinning sector and offers a comprehensive range of products and industrial services, including 100% carded and combed cotton yarns; polyester-cotton (PC) and polyester-viscose (PV) blended yarns; coarse, medium, and fine count yarns for knitting, denim, and weaving applications; specialty ring-spun yarns; yarn doubling, twisting, and cone-winding services; toll-manufacturing and custom job-work spinning for third-party textile mills; and the procurement, trading, and distribution of raw cotton, synthetic staple fibers, and textile by-products. Founded in 1989, Asim Textile Mills Limited is headquartered in Faisalabad, Pakistan, with primary manufacturing operations and mill infrastructure located in the Faisalabad district, serving commercial fabric weavers, knitwear manufacturers, and downstream textile processors across the domestic market. In recent operational developments, the company has executed key strategic realignments to counter energy and raw material cost pressures, including expanding fee-based contract manufacturing and toll-spinning arrangements to mitigate raw cotton price volatility, modernizing spinning and auxiliary machinery components to improve energy efficiency and line productivity, and restructuring short-term credit arrangements with financial institutions to stabilize liquidity and optimize capacity utilization across its spinning units.