Khalid Siraj Textile Mills Limited
PPSX:KSTM12.29
PKR
-0.51
(-3.98%)
Khalid Siraj Textile Mills Limited
PSX:KSTM
(Pakistan Stock Exchange)
Recent
price
12.29
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Khalid Siraj Textile Mills Limited is a Pakistan-based textile manufacturing company primarily engaged in the spinning, manufacturing, and marketing of yarn. The company's core product and service portfolio comprises 100% carded cotton yarn; combed cotton yarn; polyester-cotton (PC) blended yarn; polyester-viscose blended yarn; ring-spun yarns in coarse to medium counts for weaving and knitting applications; raw material processing; and contract spinning and toll manufacturing services. Incorporated in 1988 and headquartered in Lahore, Pakistan, the company maintains its manufacturing facilities along Manga-Raiwind Road in District Kasur, Punjab, serving domestic textile processors, fabric weavers, and knitwear manufacturers. In recent developments, Khalid Siraj Textile Mills Limited has pursued strategic restructuring and turnaround initiatives to restore operational viability following past suspensions driven by liquidity constraints and high operating costs. To reactivate idle spinning capacity and generate steady cash flows, the company has entered into toll manufacturing partnerships and operational leasing agreements for its mill facilities. In addition, the company has engaged in debt settlement negotiations with creditor financial institutions and implemented capital regularization measures to satisfy statutory compliance requirements with the Securities and Exchange Commission of Pakistan and restore normal trading operations on the Pakistan Stock Exchange.