Premium Textile Mills Ltd
PPSX:PRET500.00
PKR
0.00
(0.00%)
ISIN
PK0038301013
Return %
Stock
S&P 500
1Y
10.18
14.20
3Y
23.50
81.12
5Y
6.38
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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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
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in mil. unless spec.Company Description
- CEO
- Abdul Kader Adam
- Full Time Employees
- 2,355
- Sector
- Process industries
- Industry
- Textiles
- Address
- Karachi Pakistan
- IPO Date
- May 30, 1989
- Website
- premiumtextile.com
- Similar Companies
- Business
- Premium Textile Mills Limited is a Pakistan-based textile manufacturing company primarily engaged in the production, processing, and distribution of high-grade cotton, synthetic, and blended yarns for domestic and international markets. Operating within the basic textile and spinning industry segment, the company converts raw natural and synthetic fibers into specialized yarns engineered for weaving and knitting sectors. Its comprehensive product portfolio includes 100% combed and carded cotton ring-spun yarns; compact spun yarns optimized for high tensile strength and minimal hairiness; polyester-cotton and chief value cotton blended yarns; slub and fancy effect yarns; core-spun stretch and elastane yarns; siro spun yarns; melange and dyed fiber yarns; and coarse to fine count yarns ranging from 10s to 80s count tailored for denim manufacturing, circular knitting, woven apparel, and home textiles. The company also supplies grey fabric, textile waste by-products, and custom-engineered yarn variants according to buyer specifications. Premium Textile Mills serves downstream fabric weavers, knitwear manufacturers, and apparel exporters across Pakistan, while distributing products to international markets across Asia, Europe, and North America. Founded in 1987 and headquartered in Karachi, Pakistan, the company maintains its primary manufacturing mills in the Hub industrial area of Balochistan. In recent operational developments, Premium Textile Mills has advanced its Balancing, Modernization, and Replacement programs by commissioning high-efficiency compact spinning frames, automated cone winders, and advanced digital yarn-clearing systems to enhance yarn consistency and reduce conversion costs. To mitigate rising energy tariffs and reduce its environmental footprint, the company has expanded its renewable energy infrastructure through the deployment of on-site rooftop solar photovoltaic generation systems and energy-efficient motor retrofits across its production lines. Furthermore, the company has restructured its raw material inventory management and diversified procurement channels across local and imported fiber origins to bolster supply chain resilience and maintain cost competitiveness amidst global commodity market volatility.