Crescent Textile Mills Ltd.
PPSX:CRTM67.97
PKR
+6.18
(+10.00%)
ISIN
PK0003901011
Return %
Stock
S&P 500
1Y
182.27
14.20
3Y
433.10
81.12
5Y
205.76
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
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Ahmad Shafi
- Full Time Employees
- 2,309
- Sector
- Process industries
- Industry
- Textiles
- Address
- Faisalabad Pakistan
- IPO Date
- Oct 10, 1988
- Website
- crescenttextile.com
- Similar Companies
- Business
- The Crescent Textile Mills Limited, commercially known as Crestex, is a Pakistan-based vertically integrated composite textile manufacturing enterprise engaged in the manufacturing, processing, and exporting of yarn, fabric, home textiles, institutional garments, and captive power generation. Founded in 1950 and headquartered in Faisalabad, Pakistan, the company operates integrated production facilities across Faisalabad and Hattar, serving multinational retail brands, wholesalers, hospitality chains, and healthcare institutions across North America, Europe, the United Kingdom, Asia, and Australia. The company organizes its product and service offerings into comprehensive manufacturing divisions: spinning, which produces carded, combed, compact, core-spun, and multi-blend yarns across counts ranging from 10/s to 100/s utilizing cotton, modal, Tencel, viscose, polyester, hemp, linen, wool, and recycled fibers; weaving, which manufactures greige and customized structured fabrics on high-speed air-jet looms in constructions including plain weave, sateen, percale, poplin, twill, drill, flannel, dobby, jacquard, and matelassé; wet processing, which provides continuous bleaching, scouring, piece dyeing, thermosol dyeing, rotary screen printing, and advanced digital textile printing alongside specialized chemical finishes including anti-microbial, water-repellent, wrinkle-resistant, stain-release, and flame-retardant treatments; home textiles, which manufactures sheet sets, duvet covers, pillowcases, comforters, quilts, coverlets, bedskirts, multi-layer muslin blankets, table linens, kitchen towels, and decorative drapes; institutional and hospitality textiles, which produces heavy-duty commercial bed and bath linens, patient gowns, surgical textiles, lab coats, and uniform fabrics; and lifestyle products, which manufactures loungewear, bathrobes, pet beds, slippers, and fabric storage accessories. In recent operational developments, The Crescent Textile Mills Limited has accelerated strategic capital investments under its balancing, modernization, and replacement programs to optimize production efficiencies and mitigate macroeconomic cost pressures. To address rising conventional energy tariffs and enhance environmental compliance, the company has expanded its captive renewable energy footprint through the deployment of multi-megawatt rooftop solar photovoltaic generation systems and upgraded waste-heat recovery units. In response to shifting global sourcing demands, Crestex has modernized its fabric processing division with high-capacity digital printing lines for rapid-turnaround, customized production and broadened its sustainable product catalog with Global Organic Textile Standard, OEKO-TEX, and Global Recycled Standard certified lines. Additionally, the company has restructured its international marketing strategy to deepen penetration in higher-margin value-added home textiles, technical hospital linens, and private-label hospitality contracts across key European and North American markets.