Paramount Spinning Mills Limited
PPSX:PASM10.21
PKR
-0.54
(-5.02%)
ISIN
PK0048401019
Return %
Stock
S&P 500
1Y
30.73
14.20
3Y
- -
81.12
5Y
- -
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
- Sohail Maqsood
- Full Time Employees
- 2
- Sector
- Process industries
- Industry
- Textiles
- Address
- Karachi Pakistan
- IPO Date
- Jul 29, 1991
- Website
- gulshan.com.pk
- Similar Companies
- Business
- Paramount Spinning Mills Limited is a Pakistan-based textile manufacturing company engaged in the production, processing, and marketing of a diversified portfolio of cotton and blended yarns. The company's core product offerings include 100% pure carded and combed cotton yarns; polyester-cotton and poly-viscose blended yarns; ring-spun yarns; compact spun yarns; slub and specialized fancy yarns; and customized yarn counts engineered for high-speed weaving and circular knitting applications. Operating within the basic materials and textile spinning sector, Paramount Spinning Mills Limited supplies fabric weavers, knitwear manufacturers, apparel producers, and export-oriented textile enterprises across domestic and regional markets. Founded in 1981 and headquartered in Lahore, Pakistan, the company maintains its primary manufacturing and spinning facilities in District Kasur, Punjab, operating in affiliation with the Gulistan Group network. In recent corporate developments, the company has undertaken strategic debt realignment and financial settlement initiatives with institutional banking partners, executed operational rationalization measures across production units to counter escalating energy tariffs and raw material price volatility, and implemented corporate restructuring and asset optimization frameworks aimed at stabilizing operations and enhancing supply chain efficiency.