Sally Textile Mills Ltd
PPSX:SLYT14.53
PKR
-0.49
(-3.26%)
ISIN
PK0016301019
Return %
Stock
S&P 500
1Y
7.39
14.20
3Y
384.33
81.12
5Y
164.18
68.34
Capital Structure
FRC
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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
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- Sector
- Process industries
- Industry
- Textiles
- Address
- Lahore Pakistan
- IPO Date
- Oct 10, 1988
- Website
- sallytextile.com
- Similar Companies
- Business
- Sally Textile Mills Limited is a Pakistan-based textile manufacturing enterprise primarily engaged in the production and distribution of yarn products for downstream weaving, knitting, and apparel sectors. Founded in 1969 and headquartered in Lahore, Pakistan, the company operates within the basic textile spinning sector, maintaining a production facility alongside captive power generation infrastructure situated in Jauharabad, District Khushab, Punjab. The company specializes in a diversified portfolio of spinning products, offering carded cotton yarn; combed cotton yarn; blended cotton and synthetic yarn; pure synthetic yarn; specialty slub yarn; stretch lycra yarn; and siro-spun yarn across multiple count specifications. In recent corporate developments, the company remains placed in the Defaulters Segment of the Pakistan Stock Exchange under ticker symbol SLYT due to prolonged suspension of manufacturing operations and related compliance defaults. Over recent reporting periods, commercial operations at the mill site remain suspended, with corporate continuity and administrative functions maintained through interest-free financial advances from sponsors while management submits periodic status disclosures to regulatory authorities concerning financial reorganization and ongoing debt settlement discussions with creditor institutions.