Interloop Ltd.
PPSX:ILP92.49
PKR
-0.56
(-0.60%)
ISIN
PK0114501015
Return %
Stock
S&P 500
1Y
28.57
14.20
3Y
106.91
81.12
5Y
87.94
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
- CEO
- Navid Fazil
- Full Time Employees
- 41,333
- Sector
- Consumer non-durables
- Industry
- Apparel/Footwear
- Address
- Faisalabad Pakistan
- IPO Date
- Apr 5, 2019
- Website
- interloop-pk.com
- Similar Companies
- Business
- Interloop Limited is a vertically integrated textile and apparel manufacturing company headquartered in Faisalabad, Pakistan. Founded in 1992, the company specializes in design, yarn spinning, knitting, dyeing, finishing, and garment manufacturing, catering to premier global athletic, fashion, and retail brands. The company operates across multiple core business segments and provides a diverse portfolio of products and manufacturing services, including: hosiery products, encompassing athletic, casual, dress, fashion, compression, and technical performance socks; knitted apparel, consisting of hoodies, sweatshirts, t-shirts, polo shirts, track pants, and leisurewear separates; denim garments, comprising jeans, jackets, shirts, shorts, and raw selvedge denim products; activewear and seamless apparel, featuring performance leggings, sports bras, seamless tops, and functional base layers; and yarn spinning and processing services, producing carded and combed cotton yarns, polyester blends, melange yarns, dope-dyed yarns, and elastane-covered stretch yarns for internal consumption and third-party industrial clients. Interloop operates multiple LEED-certified manufacturing facilities in Pakistan, as well as operational presence in Sri Lanka and China, alongside international commercial and liaison offices in the United States, Europe, and Asia serving multinational brands such as Nike, Adidas, Puma, Levi Strauss, H&M, Uniqlo, and Marks & Spencer. In recent corporate and operational developments, Interloop has expanded its global manufacturing footprint and advanced its long-term growth strategy by acquiring a 64 percent controlling equity stake in US-based Top Circle Hosiery Mills Co., Inc., which includes its overseas manufacturing subsidiary in China. Furthermore, the company has undertaken major multi-million-dollar capital expenditure programs, including the construction of Hosiery Plant 6 to expand sock production capacity by 25 percent, an 18.8 million dollar investment adding 20 production lines to scale denim capacity to 18 million garments annually, a 13.2 million dollar project expanding spun yarn dyeing capacity to 28 metric tons per day, and the commissioning of additional on-site solar photovoltaic infrastructure to increase total renewable power generation capacity beyond 16 megawatts.