Crescent Fibres Limited
PPSX:CFL67.59
PKR
-7.51
(-10.00%)
ISIN
PK0023101014
Return %
Stock
S&P 500
1Y
5.61
14.20
3Y
21.56
81.12
5Y
14.56
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Imran Maqbool Malik
- Full Time Employees
- 585
- Sector
- Process industries
- Industry
- Textiles
- Address
- Karachi Pakistan
- IPO Date
- May 25, 1994
- Website
- crescentfibres.com
- Similar Companies
- Business
- Crescent Fibres Limited is a Pakistan-based textile manufacturing company primarily engaged in the production and sale of ring-spun yarns. Founded in 1977 and headquartered in Karachi with its registered office located in Lahore, Pakistan, the company operates within the spinning segment of the textile industry, supplying yarn to domestic fabric producers and international export markets, including European weaving entities. Crescent Fibres Limited manufactures a broad range of natural and blended textile yarns, with a portfolio comprising coarse, medium, and fine count carded and combed pure cotton yarns; polyester-cotton blended yarns; Chief Value Cotton blended yarns; and specialty blend configurations, notably 65/35 polyester-cotton blends, across count specifications generally ranging from 10/1 to 80/1. The company maintains manufacturing operations centered at its production facility in Bhikki, Sheikhupura District, Punjab. In recent operational and corporate developments, Crescent Fibres Limited has implemented restructuring measures to enhance financial resilience and streamline operational capacity, which included shareholder approval for the sale and disposal of plant, machinery, and equipment at its spinning facility in Nooriabad, Jamshoro District, Sindh. The proceeds from the asset divestment are designated to retire debt obligations, fund working capital, execute balancing, modernization, and replacement programs, and support cost-efficiency initiatives, including the integration of an on-site solar power generation system at its active Bhikki manufacturing unit.