Husein Industries Ltd
PPSX:HUSI49.15
PKR
+3.20
(+6.96%)
ISIN
PK0001401014
Return %
Stock
S&P 500
1Y
81.90
14.20
3Y
276.05
81.12
5Y
26.03
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
- Sector
- Process industries
- Industry
- Textiles
- Address
- Karachi Pakistan
- IPO Date
- Oct 10, 1988
- Website
- husein.com
- Similar Companies
- Business
- Husein Industries Limited is a Pakistan-based real estate development and property management company engaged in the acquisition, development, construction, leasing, and commercialization of real estate assets. Founded in 1953 as Husein Textile Mills Limited and headquartered in Karachi, Pakistan, the company operates primarily within the domestic real estate and construction sectors. The company's core operations and services encompass real estate development, including the planning, subdivision, and development of residential land plots and commercial real estate projects; building construction and civil engineering contracting, including structural development, architectural execution, and infrastructure construction; property management and leasing services, comprising the rental, commercialization, and maintenance of industrial, commercial, and warehousing premises, primarily across its land holdings in the Landhi Industrial & Trading Estate; and allied property and construction services, encompassing site preparation, infrastructure development, real estate advisory, and the facilitation of building material and allied commercial infrastructure projects. In terms of recent major corporate changes, Husein Industries Limited has executed a complete strategic realignment from its historical textile manufacturing business to focus entirely on real estate development and commercial property monetization. In line with this strategic shift, the company updated its Memorandum of Association to formally incorporate expanded business objectives, including commercial contracting, building material production, infrastructure services, and the establishment of Real Estate Investment Trusts (REITs). In recent operational and governance developments, the company has concentrated on the commercial redevelopment and asset optimization of its prime Landhi industrial land holdings to expand recurring rental revenues and capital appreciation, alongside completing board elections, general shareholder meetings, and corporate governance reorganizations to steer its property development initiatives.