Prosperity Weaving Mills Limited
PPSX:PRWM54.58
PKR
0.00
(0.00%)
ISIN
PK0072401018
Return %
Stock
S&P 500
1Y
5.06
14.20
3Y
76.92
81.12
5Y
1.07
68.34
Capital Structure
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in mil. unless spec.Working Capital
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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
- Raza Ellahi Shaikh
- Full Time Employees
- 1,116
- Sector
- Process industries
- Industry
- Textiles
- Address
- Lahore Pakistan
- IPO Date
- Oct 17, 1995
- Website
- nagina.com
- Similar Companies
- Business
- Prosperity Weaving Mills Limited is a Pakistan-based textile manufacturing company primarily engaged in the production, weaving, and sale of woven fabrics and greige cloth. Incorporated in 1991 and headquartered in Lahore, Pakistan, the company operates as a core weaving subsidiary of the Nagina Group, with its primary manufacturing facilities situated in District Sheikhupura, Punjab. Prosperity Weaving Mills Limited offers a broad spectrum of woven fabric solutions, including: 100% cotton greige fabrics; polyester-cotton (PC) and poly-viscose blended weaves; chief value cotton (CVC) textiles; twills, drills, and plain woven fabrics; satin, sateen, and stripe sateen constructions; dobby and patterned cloth; fine poplins and high-thread-count percales; stretch and spandex-interwoven apparel fabrics; home textile and sheeting fabrics; institutional linens; and technical textile substrates. The company serves textile processors, home textile converters, garment manufacturers, and trading houses across domestic and overseas markets in North America, Europe, and Asia. In recent operational developments, Prosperity Weaving Mills Limited has implemented ongoing Balancing, Modernization, and Replacement (BMR) initiatives, integrating advanced high-speed air-jet weaving machinery and automated monitoring equipment to enhance fabric yield and operational efficiency. Furthermore, to mitigate rising energy costs and reduce carbon intensity, the company has deployed captive rooftop solar photovoltaic power installations at its Sheikhupura manufacturing site and expanded its production capabilities in sustainable, certified textile categories, including Better Cotton Initiative (BCI), Global Organic Textile Standard (GOTS), and OEKO-TEX compliant fabric lines.