JK Spinning Mills Ltd.

JK Spinning Mills Ltd.

PPSX:JKSM
424.05
PKR
-11.48
(-2.64%)
No data availableFinancial data will appear here once available

Capital Structure

FRC

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in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Faiq Jawed
Full Time Employees
3,051
Sector
Process industries
Industry
Textiles
Address
Faisalabad Pakistan
IPO Date
Sep 24, 1990
Business
JK Spinning Mills Limited is a Pakistan-based vertically integrated textile manufacturer engaged in the spinning, weaving, processing, and stitching of yarn, finished fabrics, home textile products, and institutional garments. The company operates primarily through its Spinning and Fabric business segments. Its product portfolio includes yarn products, such as 100% carded and combed cotton yarns, polyester-cotton blended yarns, polyester-viscose blended yarns, polypropylene yarns, melange yarns, open-end rotor yarns, and multi-fold yarns; woven fabric solutions, such as greige, bleached, dyed, and printed fabrics across plain, percale, satin, stripe satin, twill, drill, and dobby weaves; home textile furnishings, such as flat sheets, fitted sheets, duvet covers, comforters, quilts, pillowcases, bed skirts, curtains, and kitchen and terry towels; and institutional and healthcare textile apparel, such as patient gowns, doctor coats, scrub suits, laboratory uniforms, chef wear, and specialized workwear. The company distributes its products across the domestic Pakistani market and exports internationally to clients across North America, Europe, Asia, and the Middle East. Founded in 1987 with roots tracing back to the J.K. Group established in 1958, JK Spinning Mills Limited is headquartered in Faisalabad, Pakistan. In recent operational developments, the company executed a PKR 1.79 billion capital expenditure initiative focused on balancing, modernization, and replacement (BMR) to expand processing capacity and enhance automation across its spinning and fabric processing facilities, while also commissioning an 8 MW captive solar power generation project toward an aggregate 14 MW clean energy target to optimize utility costs and reduce industrial carbon emissions.