This document analyzes the financial statements of Gul Ahmed Textile Mills Ltd from 2010-2013. It includes various liquidity, leverage, activity, and profitability ratios calculated from the company's balance sheets and income statements. The liquidity ratios show the company has a current ratio close to 1 and low quick ratios, indicating insufficient short-term assets to cover debts. Leverage ratios like debt-to-total assets of around 75% suggest high reliance on debt. Activity ratios show inventory turnover improving but average collection periods remaining high. Profitability ratios demonstrate fluctuating net profit margins and returns on assets and equity.
I've analyzed and created a financial analysis of a popular textile group "Gul Ahmed". After analyzing the financial report of 2015, we gathered the data and curated a balance sheet, income statement, liquidity, profitability, activity and others.
Financial Statement Analysis of Toyota Indus MotorsAyesha Majid
Financial Statement Analysis of Toyota Indus Motors from financial year 2011-2016. A subsidiary of Toyota Motors, Toyota Tsusho Corporation of Japan and House of Habib.
GulAhmed Textile Mills produces textiles and is committed to product safety, ethics, and social responsibility. It aims to be environmentally friendly and has received several certifications for its practices. The company operates mills in Karachi and produces yarn, fabrics, and finished goods for homes, hospitals, and clothing. It focuses on quality, diversity of products, and using technology and skilled workers to achieve its goals of leadership and sustainability. Risks include economic challenges, while strengths include its brand recognition and market share.
Analysis of Financial Statements -- Al karam & Gul AhmadMuhammad Ahmad
This document provides an analysis of the financial statements from 2011-2015 of two Pakistani textile companies, Al-Karam Textile Mills and Gul Ahmad Textile Mills. It begins with short histories of each company and their origins. The bulk of the document involves calculating and analyzing various financial ratios to understand the financial performance and position of the companies. It also includes trend analyses using vertical and horizontal analyses of the companies' income statements, balance sheets, and key financial ratios over the five-year period. The overall goal is to understand the general behavior and performance of companies in Pakistan's important textile industry sector.
Financial Ratio analysis Of Gul Ahmed Textile Ltd.PakeezaTehmuri
This document analyzes various financial ratios for Gul Ahmed Textile Mill from 2013-2017. It discusses different types of ratios including activity, liquidity, solvency, profitability, valuation, and DuPont ratios. The DuPont analysis breaks down return on equity into its components: net profit margin, total asset turnover, and financial leverage. It finds Gul Ahmed's fluctuating ROE over this period was influenced by multiple changing factors rather than one aspect alone, such as increasing tax burden, unstable interest costs, and lower use of leverage.
This document presents a financial analysis of Gul Ahmed, a Pakistani textile company. Some key details:
- Gul Ahmed was founded in 1953 and manufactures fabrics, apparel, home textiles, and yarn. It has over 8,000 employees.
- Over the past 6 years, Gul Ahmed has significantly increased its net assets, property/equipment, sales, and profits. Shareholders' equity has doubled and net sales have grown 158%.
- For the 2013 fiscal year ending June 30th, Gul Ahmed had over 2,160 shareholders and committed capital expenditures of Rs. 410 million.
1) The textile industry in Pakistan has seen robust growth in exports in recent years and is a major contributor to the country's GDP and employment.
2) Gul Ahmed Textile Mills is one of the largest textile companies in Pakistan, with integrated operations from yarn production to finished goods.
3) The company produces a wide range of textile products for domestic and international markets, with a focus on quality through modern technology and strict quality control practices.
I've analyzed and created a financial analysis of a popular textile group "Gul Ahmed". After analyzing the financial report of 2015, we gathered the data and curated a balance sheet, income statement, liquidity, profitability, activity and others.
Financial Statement Analysis of Toyota Indus MotorsAyesha Majid
Financial Statement Analysis of Toyota Indus Motors from financial year 2011-2016. A subsidiary of Toyota Motors, Toyota Tsusho Corporation of Japan and House of Habib.
GulAhmed Textile Mills produces textiles and is committed to product safety, ethics, and social responsibility. It aims to be environmentally friendly and has received several certifications for its practices. The company operates mills in Karachi and produces yarn, fabrics, and finished goods for homes, hospitals, and clothing. It focuses on quality, diversity of products, and using technology and skilled workers to achieve its goals of leadership and sustainability. Risks include economic challenges, while strengths include its brand recognition and market share.
Analysis of Financial Statements -- Al karam & Gul AhmadMuhammad Ahmad
This document provides an analysis of the financial statements from 2011-2015 of two Pakistani textile companies, Al-Karam Textile Mills and Gul Ahmad Textile Mills. It begins with short histories of each company and their origins. The bulk of the document involves calculating and analyzing various financial ratios to understand the financial performance and position of the companies. It also includes trend analyses using vertical and horizontal analyses of the companies' income statements, balance sheets, and key financial ratios over the five-year period. The overall goal is to understand the general behavior and performance of companies in Pakistan's important textile industry sector.
Financial Ratio analysis Of Gul Ahmed Textile Ltd.PakeezaTehmuri
This document analyzes various financial ratios for Gul Ahmed Textile Mill from 2013-2017. It discusses different types of ratios including activity, liquidity, solvency, profitability, valuation, and DuPont ratios. The DuPont analysis breaks down return on equity into its components: net profit margin, total asset turnover, and financial leverage. It finds Gul Ahmed's fluctuating ROE over this period was influenced by multiple changing factors rather than one aspect alone, such as increasing tax burden, unstable interest costs, and lower use of leverage.
This document presents a financial analysis of Gul Ahmed, a Pakistani textile company. Some key details:
- Gul Ahmed was founded in 1953 and manufactures fabrics, apparel, home textiles, and yarn. It has over 8,000 employees.
- Over the past 6 years, Gul Ahmed has significantly increased its net assets, property/equipment, sales, and profits. Shareholders' equity has doubled and net sales have grown 158%.
- For the 2013 fiscal year ending June 30th, Gul Ahmed had over 2,160 shareholders and committed capital expenditures of Rs. 410 million.
1) The textile industry in Pakistan has seen robust growth in exports in recent years and is a major contributor to the country's GDP and employment.
2) Gul Ahmed Textile Mills is one of the largest textile companies in Pakistan, with integrated operations from yarn production to finished goods.
3) The company produces a wide range of textile products for domestic and international markets, with a focus on quality through modern technology and strict quality control practices.
The company's gross profit and overall profit have increased in the last five years. The company's sales are higher than its expenses, which has allowed it to earn a profit from its operations. Specifically, the company's gross profit margin improved from 9.5% in 2014 to 10.7% in 2018. Both the company's non-current and current assets have increased over the past five years as well. The company's property, plant, and equipment have increased by 75% from 2014 to 2018 through expansions and upgrades.
Ratio Analysis of Shell Pakistan By Mujtaba KhursheedMujtabaKhursheed1
This document analyzes key financial ratios for Shell Pakistan for the years 2016 and 2017. It summarizes Shell Pakistan's operations and employees in Pakistan. It then defines and calculates various ratios to analyze Shell Pakistan's liquidity, asset management, debt management, profitability, and market value. Key ratios such as current ratio, inventory turnover, debt ratio, return on equity, and price to earnings are presented in graphs to show trends over the two years.
This document provides an overview of ratio analysis for Atlas Honda. It includes summaries of various financial ratios categorized as liquidity, activity, debt, profitability, and market ratios. Several ratios for Atlas Honda from 2008-2012 are presented, including current ratio, quick ratio, inventory turnover, average collection period, debt ratio, gross profit margin, return on assets, and price to earnings ratio. The document also briefly introduces the DuPont system of analysis for further assessing a company's financial condition.
This document provides a presentation on ratio analysis of Nishat Mills Limited, a textile company in Pakistan. It includes an introduction to the company, its mission statement, organizational structure, and product lines. The presentation then covers various financial ratios analyzed for Nishat Mills for 2012-2013, including liquidity, profitability, debt management, and activity ratios. Key findings are that liquidity, profitability, and debt management ratios improved from 2012 to 2013, while some activity ratios declined. The presentation concludes with recommendations for Nishat Mills to improve average collection period, asset turnover ratio, and basic earning power.
Porter FIve forces analysis on textile industryAli Mehdi
The document summarizes a Porter Five Forces analysis of the textile industry in Pakistan. It finds that entry and exit barriers are high due to unfavorable legal policies, energy crises, and inflation. Competition is high both internally and from other countries. The bargaining power of buyers is high as quality standards increase, while the bargaining power of suppliers is low. Finally, the threat of substitutes is low in the industry. Overall, the analysis finds that three of the five forces - entry barriers, competition, and bargaining power of buyers - are high, making the textile industry an unfavorable business environment in Pakistan.
Financial ratio analysis of Nishat mills ltdSoftSol
The document analyzes the financial performance of Nishat Mills Ltd from 2012-2014 using various financial ratios to evaluate liquidity, leverage, coverage, activity, and profitability. It also compares Nishat Mills' 2014 ratios to a competitor, Pakistan Synthetics. Overall, the analysis finds that Nishat Mills has stronger financial performance than the competitor across most ratios, with higher profit margins, returns, and coverage ability. The conclusion states that future years look positive for Nishat Mills as the economy recovers and international demand grows, but rising cotton prices may impact profitability.
Gul Ahmed is a leading textile company in Pakistan known for lawn prints, cotton prints, embroidery, and tailor-made services. It has a diverse product portfolio that includes men's and women's clothing, kids wear, accessories, and home products. Gul Ahmed earned over 302 billion rupees in revenue last year and has over 7,000 employees. The company plans to increase exports, introduce new designs, and expand its retail presence.
Tata Steel is one of the largest steel producers in the world with a presence in over 50 countries. It has a crude steel production capacity of 30 million tonnes annually. The company has expanded significantly through acquisitions in recent years including Corus Group, which expanded its operations in Europe. It is focusing on increasing production capacity in India and securing raw materials globally through investments and joint ventures. The global economic slowdown has impacted steel demand and Tata Steel's financial performance. It is taking steps like cost reductions and production rationalization to address challenges in the current market environment.
Honda Atlas Cars Pakistan Limited is a joint venture between Honda Motor Company of Japan and the Atlas Group of Pakistan, incorporated in 1992. The company began production in 1994 and has since produced over 150,000 vehicles. It currently offers 8 models of Honda Civic and City cars. The company faces economic challenges like high inflation and political instability in Pakistan that impact sales. Technologically, Honda Atlas strives to introduce new features first in Pakistan but this increases vehicle prices.
Financial ratio analysis for honda motor companyHITESH BHARTI
Honda Motor Company's financial ratios are analyzed over a five year period from 2007-2011. The document analyzes Honda's liquidity, profitability, turnover efficiency, leverage, and cash flow ratios and compares them to industry averages. Key findings are that Honda's current ratio, liquid ratio, and debt ratios are lower than industry averages, indicating less risk, while profitability ratios like net margin and return on equity are consistently higher. Turnover ratios declined over time, suggesting room for improvement in inventory management and asset utilization.
This document provides an overview of Pakistan State Oil (PSO), the largest state-owned oil and gas company in Pakistan. PSO was formed in 1974 through the merger of two state-owned oil companies. It has expanded to become vertically integrated across oil and gas exploration, production, refining, distribution, and marketing. PSO also engages in renewable energy activities. It has over 3,500 retail locations nationwide and supplies fuel to various sectors. PSO aims to become fully integrated across the energy value chain to reduce costs and dependence on imports.
Financial Ratio Analysis of Samsung for the year 2013-2014Prinson Rodrigues
Financial Ratio Analysis of Samsung For the year 2013-2014
Current ratio
Quick ratio
Debt equity ratio
Capital turnover ratio
Fixed Assets Turnover ratio
Working capital turnover ratio
Stock turnover ratio
inventory conversion period
Debtors turnover ratio
Gross profit ratio
net profit ratio
etc
We have picked up HUL balance sheets of years from ACE-Equity and applied some ratio analysis to analyze the trend and predict next year results of the company.
This document analyzes various financial ratios of Shree Halasidhanath Sahakari Sakhar Karkhana Ltd over a 5 year period from 2004-2009. The analysis finds that the company's gross and net profit margins declined over this period, indicating inefficient operations. Liquidity ratios showed the company generally lacked sufficient liquid assets. Current assets turnover was mixed, increasing from 2004-06 but decreasing later. Expenses like direct materials, labor and overhead costs increased as percentages of sales in most years, negatively impacting profitability.
Nishat Mills is Pakistan's largest vertically integrated textile company established in 1951. It has 227,640 spindles and 789 looms across spinning, weaving, processing, stitching and power generation facilities. Nishat Mills is the flagship company of the large diversified Nishat Group with over $5 billion in assets. The company has a broad international customer base and exports were $393 million in 2015. Pakistan's textile industry is an important part of its economy but faces challenges around energy costs and infrastructure. Nishat Mills has achieved success through quality products and effective management policies.
the financial statement analysis of Pakistan tobacco company.Financial performance of Pakistan tobacco company (ptc) and Philip morris pakistan limited (pmpkl) Through ratio analysis Tobacco industry in pakistan.
The document discusses various liquidity, activity, profitability, and leverage ratios calculated for a company from 2011-2014. The key ratios discussed are:
- Current ratio - Decreased each year from 1.36 in 2011 to 1.27 in 2014, with 2012 being the most acceptable at 1.39.
- Quick (acid-test) ratio - Ranged from 0.39 in 2011 to 0.49 in 2014, with 2012 being the most acceptable at 0.58.
- Inventory turnover - Ranged from 3.24 in 2011 to 5.07 in 2012, with 2012 having the highest turnover.
- Gross profit margin - Ranged from 8.26% in 2011 to
United Spirits Ltd is India's largest spirits company. It produces and sells brands like Bagpiper, McDowell's No. 1, and Royal Challenge. The spirits industry has grown at a rate of 20% annually and contributes significantly to India's GDP. While facing restrictions from excise regulations and bans, the industry is expected to continue growing due to increasing disposable incomes and changing social trends. Major players compete through innovative marketing and setting high prices. The future remains positive for United Spirits as recent losses were due to provisions rather than operations.
This document provides an overview of Engro Corporation Ltd and its subsidiary Engro Foods Ltd. It discusses Engro's history and businesses, Engro Foods' introduction, mission, departments, products, advertising, culture, logo, messaging and meetings styles, interviews process, and SWOT analysis. The presentation was made by 6 individuals who each covered different sections of the company analysis. [/SUMMARY]
The document discusses personality from several perspectives. It begins by defining personality and listing the group members. It then discusses both biological and environmental determinants of personality, including genes, hormones, culture, and social roles. It profiles both Type A and Type B personalities. Later, it summarizes Adlerian, psychoanalytic, and Jungian theories of personality. Characteristics of healthy personalities are outlined as strong ego, high self-esteem, independence, adaptability, self-control, freedom, learning ability, and capacity for love.
The company's gross profit and overall profit have increased in the last five years. The company's sales are higher than its expenses, which has allowed it to earn a profit from its operations. Specifically, the company's gross profit margin improved from 9.5% in 2014 to 10.7% in 2018. Both the company's non-current and current assets have increased over the past five years as well. The company's property, plant, and equipment have increased by 75% from 2014 to 2018 through expansions and upgrades.
Ratio Analysis of Shell Pakistan By Mujtaba KhursheedMujtabaKhursheed1
This document analyzes key financial ratios for Shell Pakistan for the years 2016 and 2017. It summarizes Shell Pakistan's operations and employees in Pakistan. It then defines and calculates various ratios to analyze Shell Pakistan's liquidity, asset management, debt management, profitability, and market value. Key ratios such as current ratio, inventory turnover, debt ratio, return on equity, and price to earnings are presented in graphs to show trends over the two years.
This document provides an overview of ratio analysis for Atlas Honda. It includes summaries of various financial ratios categorized as liquidity, activity, debt, profitability, and market ratios. Several ratios for Atlas Honda from 2008-2012 are presented, including current ratio, quick ratio, inventory turnover, average collection period, debt ratio, gross profit margin, return on assets, and price to earnings ratio. The document also briefly introduces the DuPont system of analysis for further assessing a company's financial condition.
This document provides a presentation on ratio analysis of Nishat Mills Limited, a textile company in Pakistan. It includes an introduction to the company, its mission statement, organizational structure, and product lines. The presentation then covers various financial ratios analyzed for Nishat Mills for 2012-2013, including liquidity, profitability, debt management, and activity ratios. Key findings are that liquidity, profitability, and debt management ratios improved from 2012 to 2013, while some activity ratios declined. The presentation concludes with recommendations for Nishat Mills to improve average collection period, asset turnover ratio, and basic earning power.
Porter FIve forces analysis on textile industryAli Mehdi
The document summarizes a Porter Five Forces analysis of the textile industry in Pakistan. It finds that entry and exit barriers are high due to unfavorable legal policies, energy crises, and inflation. Competition is high both internally and from other countries. The bargaining power of buyers is high as quality standards increase, while the bargaining power of suppliers is low. Finally, the threat of substitutes is low in the industry. Overall, the analysis finds that three of the five forces - entry barriers, competition, and bargaining power of buyers - are high, making the textile industry an unfavorable business environment in Pakistan.
Financial ratio analysis of Nishat mills ltdSoftSol
The document analyzes the financial performance of Nishat Mills Ltd from 2012-2014 using various financial ratios to evaluate liquidity, leverage, coverage, activity, and profitability. It also compares Nishat Mills' 2014 ratios to a competitor, Pakistan Synthetics. Overall, the analysis finds that Nishat Mills has stronger financial performance than the competitor across most ratios, with higher profit margins, returns, and coverage ability. The conclusion states that future years look positive for Nishat Mills as the economy recovers and international demand grows, but rising cotton prices may impact profitability.
Gul Ahmed is a leading textile company in Pakistan known for lawn prints, cotton prints, embroidery, and tailor-made services. It has a diverse product portfolio that includes men's and women's clothing, kids wear, accessories, and home products. Gul Ahmed earned over 302 billion rupees in revenue last year and has over 7,000 employees. The company plans to increase exports, introduce new designs, and expand its retail presence.
Tata Steel is one of the largest steel producers in the world with a presence in over 50 countries. It has a crude steel production capacity of 30 million tonnes annually. The company has expanded significantly through acquisitions in recent years including Corus Group, which expanded its operations in Europe. It is focusing on increasing production capacity in India and securing raw materials globally through investments and joint ventures. The global economic slowdown has impacted steel demand and Tata Steel's financial performance. It is taking steps like cost reductions and production rationalization to address challenges in the current market environment.
Honda Atlas Cars Pakistan Limited is a joint venture between Honda Motor Company of Japan and the Atlas Group of Pakistan, incorporated in 1992. The company began production in 1994 and has since produced over 150,000 vehicles. It currently offers 8 models of Honda Civic and City cars. The company faces economic challenges like high inflation and political instability in Pakistan that impact sales. Technologically, Honda Atlas strives to introduce new features first in Pakistan but this increases vehicle prices.
Financial ratio analysis for honda motor companyHITESH BHARTI
Honda Motor Company's financial ratios are analyzed over a five year period from 2007-2011. The document analyzes Honda's liquidity, profitability, turnover efficiency, leverage, and cash flow ratios and compares them to industry averages. Key findings are that Honda's current ratio, liquid ratio, and debt ratios are lower than industry averages, indicating less risk, while profitability ratios like net margin and return on equity are consistently higher. Turnover ratios declined over time, suggesting room for improvement in inventory management and asset utilization.
This document provides an overview of Pakistan State Oil (PSO), the largest state-owned oil and gas company in Pakistan. PSO was formed in 1974 through the merger of two state-owned oil companies. It has expanded to become vertically integrated across oil and gas exploration, production, refining, distribution, and marketing. PSO also engages in renewable energy activities. It has over 3,500 retail locations nationwide and supplies fuel to various sectors. PSO aims to become fully integrated across the energy value chain to reduce costs and dependence on imports.
Financial Ratio Analysis of Samsung for the year 2013-2014Prinson Rodrigues
Financial Ratio Analysis of Samsung For the year 2013-2014
Current ratio
Quick ratio
Debt equity ratio
Capital turnover ratio
Fixed Assets Turnover ratio
Working capital turnover ratio
Stock turnover ratio
inventory conversion period
Debtors turnover ratio
Gross profit ratio
net profit ratio
etc
We have picked up HUL balance sheets of years from ACE-Equity and applied some ratio analysis to analyze the trend and predict next year results of the company.
This document analyzes various financial ratios of Shree Halasidhanath Sahakari Sakhar Karkhana Ltd over a 5 year period from 2004-2009. The analysis finds that the company's gross and net profit margins declined over this period, indicating inefficient operations. Liquidity ratios showed the company generally lacked sufficient liquid assets. Current assets turnover was mixed, increasing from 2004-06 but decreasing later. Expenses like direct materials, labor and overhead costs increased as percentages of sales in most years, negatively impacting profitability.
Nishat Mills is Pakistan's largest vertically integrated textile company established in 1951. It has 227,640 spindles and 789 looms across spinning, weaving, processing, stitching and power generation facilities. Nishat Mills is the flagship company of the large diversified Nishat Group with over $5 billion in assets. The company has a broad international customer base and exports were $393 million in 2015. Pakistan's textile industry is an important part of its economy but faces challenges around energy costs and infrastructure. Nishat Mills has achieved success through quality products and effective management policies.
the financial statement analysis of Pakistan tobacco company.Financial performance of Pakistan tobacco company (ptc) and Philip morris pakistan limited (pmpkl) Through ratio analysis Tobacco industry in pakistan.
The document discusses various liquidity, activity, profitability, and leverage ratios calculated for a company from 2011-2014. The key ratios discussed are:
- Current ratio - Decreased each year from 1.36 in 2011 to 1.27 in 2014, with 2012 being the most acceptable at 1.39.
- Quick (acid-test) ratio - Ranged from 0.39 in 2011 to 0.49 in 2014, with 2012 being the most acceptable at 0.58.
- Inventory turnover - Ranged from 3.24 in 2011 to 5.07 in 2012, with 2012 having the highest turnover.
- Gross profit margin - Ranged from 8.26% in 2011 to
United Spirits Ltd is India's largest spirits company. It produces and sells brands like Bagpiper, McDowell's No. 1, and Royal Challenge. The spirits industry has grown at a rate of 20% annually and contributes significantly to India's GDP. While facing restrictions from excise regulations and bans, the industry is expected to continue growing due to increasing disposable incomes and changing social trends. Major players compete through innovative marketing and setting high prices. The future remains positive for United Spirits as recent losses were due to provisions rather than operations.
This document provides an overview of Engro Corporation Ltd and its subsidiary Engro Foods Ltd. It discusses Engro's history and businesses, Engro Foods' introduction, mission, departments, products, advertising, culture, logo, messaging and meetings styles, interviews process, and SWOT analysis. The presentation was made by 6 individuals who each covered different sections of the company analysis. [/SUMMARY]
The document discusses personality from several perspectives. It begins by defining personality and listing the group members. It then discusses both biological and environmental determinants of personality, including genes, hormones, culture, and social roles. It profiles both Type A and Type B personalities. Later, it summarizes Adlerian, psychoanalytic, and Jungian theories of personality. Characteristics of healthy personalities are outlined as strong ego, high self-esteem, independence, adaptability, self-control, freedom, learning ability, and capacity for love.
BCCI (Bank of Credit and Commerce International)Sameera Khan
Agha Hasan Abedi founded the Bank of Credit and Commerce International (BCCI) in 1972 after nationalization of banks in Pakistan. BCCI grew rapidly to become one of the largest banks in the world, operating in 78 countries. However, in 1991 it was shut down after audits revealed fraud, improper loans, money laundering, and other criminal activities. BCCI suffered losses of over $7 billion due to being used as a personal bank for owners and favored clients and engaging in fraudulent accounting practices to hide losses.
The EBIT-EPS capital structure approach focuses on finding the capital structure that results in the highest earnings per share (EPS) over the expected range of earnings before interest and taxes (EBIT). While this approach considers maximizing returns through higher EPS, its major shortcoming is that it ignores risk. As financial leverage increases with more debt, so does risk, but shareholders require higher returns to compensate for the increased risk. Therefore, this approach is not fully appropriate because it does not consider the key factor of risk, which is necessary to maximize shareholder wealth. Risk can be considered in two ways using this approach - through the financial breakeven point and the slope of the capital structure line.
This document discusses various theories of personality including:
- Genes and environment determine personality. Genes influence traits like nervous system and hormones while culture and social groups shape behavior.
- Myers-Briggs categorizes personalities along introversion/extroversion, sensing/intuition, thinking/feeling, and judging/perceiving scales.
- Jung focused on the conscious and unconscious mind shaping personality. A healthy personality balances spirit, mind and body with ability to adapt.
This document discusses different forms of business entities including sole proprietorships, C-corporations, S-corporations, partnerships, and limited liability companies. For each type of entity, the document outlines key characteristics such as ownership structure, liability, taxation, and pros and cons. Overall, the document provides an overview of common business entity structures and factors to consider when setting up a new company.
This document discusses different theories around the relevance and irrelevance of dividend policy decisions on firm valuation. It outlines the Walter and Gordon models which argue dividends are relevant, stating there is an optimal payout ratio depending on whether a firm's return on investment is greater than, less than, or equal to its cost of capital. It also describes the Modigliani-Miller model which argues dividends are irrelevant, assuming perfect capital markets. The document then discusses Gordon's modification incorporating risk aversion and the "bird in hand" preference for certain current dividends over uncertain future dividends.
Job order costing and process costing are two different costing systems. Job order costing tracks costs for unique jobs or orders, while process costing is used for mass production of standardized products. Under job order costing, a separate cost record is kept for each job, while process costing accumulates costs for each production process over a period of time. Job order costing is suitable when products differ for each order, while process costing is more appropriate for continuous, large-scale production of homogeneous items.
Gul Ahmed is a Pakistani textile company founded in 1953 that has expanded to include mills, energy, and banking businesses. It opened its first retail store in 2003 and has since grown its chain of "Ideas by Gul Ahmed" outlets. The company aims to set trends globally through innovative technology and teamwork while fulfilling social and environmental responsibilities. It discusses its green initiatives for effluent, emissions, and waste management. Gul Ahmed also focuses on community development, health and safety programs, equal opportunity employment, and social certifications. It concludes by noting the company's skilled employees, reasonable profits, adherence to ethics, and lack of unethical practices.
Marketing Mix of Alkaram Winter Collection 2011Shamim Iqbal
The document discusses the marketing mix of Alkaram's winter collection for 2011-2012. It was prepared by students for their professor. The winter collection consists of five collections using different fabrics like resham linen, khaddar, and jamawar. The products offer latest fashion trends and high quality fabrics. Alkaram promotes its brand and products using television, print, internet and fashion shows.
GulAhmed is involved in magazine publishing including photo shoots, designing and layouting magazines, and printing. They are also responsible for designing, developing and managing their corporate website, fashion magazine, online shop, and IDEAS magazine.
This document provides an overview of TAXTILES, a textile company presented by Amir Yaseen Tabasum, Mah Noor Fatima, Ch.Adil Razaq, and Anum Razaq. It includes Taxxtiles' mission to deliver value through technology and teamwork while fulfilling social and environmental responsibilities. An internal analysis finds strengths in fabric designs and websites but weaknesses in easily copied designs and higher prices. External opportunities include expanding globally, while threats include new designers and changing government policies. Taxxtiles targets both male and female consumers from upper and middle income groups. It offers products like bed linen, curtains, and fabric, using promotion tools like magazines, websites, and social media. Tax
Alkaram Textile Industry was established in 1978 in Pakistan. It is one of the largest textile companies in Pakistan and a major contributor to the country's GDP and exports. The company manufactures polyester staple fiber. It has expanded over the years to include multiple textile mills and other businesses. Alkaram aims to be the top choice for customers through high quality production while minimizing costs. It invests in modernizing equipment and controlling costs to remain competitive internationally.
Here are the key points from the interview with the HR manager:
- Promotions are based on merit and employees' performance over time as assessed through the company's performance review/appraisal system.
- Hard work, taking on additional responsibilities, and achieving set objectives can lead to promotions over time. The appraisal process helps identify employees ready for promotions.
- Training and development opportunities are provided to help employees improve their skills and advance in their careers. This includes on-the-job training as well as external courses.
- Vacant higher positions are first offered internally to deserving employees before considering external candidates. This rewards loyalty and allows for internal career growth.
- There is no fixed timeline for promotions,
Gul Ahmed Textile Mills Ltd. was incorporated in 1953 in Pakistan and has since grown to become one of the largest textile companies in the world. The company operates an integrated textile facility with over 100,000 spindles and various weaving, dyeing, and finishing processes. Gul Ahmed aims to set trends globally through innovative technology and teamwork while fulfilling its social and environmental responsibilities. It focuses on quality control throughout manufacturing to produce high quality textiles.
This document provides an overview of a vertically integrated textile mill located in Karachi, Pakistan. The mill was established in 1953 and employs over 10,000 people. It produces a range of textile products including fashion and institutional bedding, curtains, table and kitchen linens, and apparel. The mill has a large export portfolio shipping to over 20 countries. It has full textile production capabilities from spinning to cutting and sewing.
HRM Functions of Gul Ahmed Textile Company ,Naveed Khaskheli naveedhands
Human resource management functions can be divided into managerial functions and operative functions. The managerial functions include planning, organizing, staffing, directing, and controlling. The operative functions involve procurement, development, compensation, maintenance and motivation, and integration. Procurement deals with activities like recruitment, selection, and placement. Development refers to training programs. Compensation determines pay scales and benefits. Maintenance aims to ensure a safe and healthy work environment. Integration works to align employee and organizational goals through programs like grievance resolution.
Gul Ahmed is a Pakistani textile and apparel company founded in 1953. It manufactures fabrics, yarn, apparel and accessories. In 2011, Gul Ahmed had revenues of $300 million with 7,000 employees. The company is listed on the Karachi and Lahore stock exchanges and has expanded internationally with subsidiaries in the UAE and UK. Gul Ahmed produces a variety of textile products for both domestic consumption and export.
- Marico is an Indian consumer goods company founded in 1991 and headquartered in Mumbai. It produces edible oils, hair oils, and personal care products.
- The company's revenue grew from Rs. 5733.3 crore in 2012 to 2015. During this period, its operating margin, gross profit margin, and return on equity also increased, while return on assets and asset turnover ratio declined slightly.
- The company aims to maintain sufficient liquidity as seen from its current ratio hovering around 1 and gradual increase in quick ratio from 0.32 to 0.55 from 2012 to 2015.
The document analyzes the financial performance of Voltas over several years. It examines the company's liquidity, turnover, profitability, and overall performance. Key points:
- The company's current and quick ratios show adequate liquidity to meet short-term obligations. Inventories and receivables decreased from prior years.
- Inventory turnover and debtors' turnover ratios remained relatively stable from 2013-2014. Creditors' turnover saw a small increase.
- Gross and net profit margins declined from 2010-2014 despite expenses decreasing from 2013-2014. Dividends per share and earnings per share increased.
- Overall, the company's performance has been positive based on stable profitability, increased shareholders' returns
Bisco Misr is an Egyptian food manufacturing company established in 1957. The audit report analyzes the company's performance over 2012-2013. It found that liquidity, profitability, and returns improved from 2012 to 2013. The current ratio and acid-test ratio increased, indicating better management of operating cycles. Operating income return on investment increased from 19.7% to 26.8%, showing more income generated from assets. Most ratios related to receivables, inventory, assets, and profits improved from 2012 to 2013, demonstrating more efficient use of resources and increased effectiveness of the company's management.
This document provides a presentation on ratio analysis of Nishat Mills Limited, a textile company in Pakistan. It includes an introduction to the company, its mission statement, organizational structure, and product lines. The presentation then covers various financial ratios analyzed for Nishat Mills for 2012-2013, including liquidity, profitability, debt management, and activity ratios. Key findings are that liquidity, profitability, and debt management ratios improved from 2012 to 2013, while some activity ratios declined. The presentation concludes with recommendations for Nishat Mills to improve average collection period, asset turnover ratio, and basic earning power.
ppt on WORKING CAPITAL MANAGEMENT AT Silver Forge Pvt...jitharadharmesh
This document provides an analysis of the working capital management of Silver Forge Pvt. Ltd. over a four year period from 2009-10 to 2012-13. Key ratios such as the working capital turnover ratio, inventory turnover ratio, receivables turnover ratio, and current assets turnover ratio are calculated and interpreted. Liquidity ratios including the current ratio, quick ratio, and absolute liquid ratio are also analyzed. The analysis finds that the company's working capital and liquidity positions are generally strong, though inventory conversion periods and cash balances could be improved further. Recommendations include enhancing collection periods to reduce the net operating cycle and improving cash management.
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আমাদের সবার জন্য খুব খুব গুরুত্বপূর্ণ একটি বই ..বিসিএস, ব্যাংক, ইউনিভার্সিটি ভর্তি ও যে কোন প্রতিযোগিতা মূলক পরীক্ষার জন্য এর খুব ইম্পরট্যান্ট একটি বিষয় ...তাছাড়া বাংলাদেশের সাম্প্রতিক যে কোন ডাটা বা তথ্য এই বইতে পাবেন ...
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বিসিএস ও ব্যাংক এর লিখিত পরীক্ষা ...+এছাড়া মাধ্যমিক ও উচ্চমাধ্যমিকের স্টুডেন্টদের জন্য অনেক কাজে আসবে ...
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This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
5. • Gul Ahmed is globally identical as a name with quality,
innovation & reliability.
• The group began trading in textiles in the early 1900s.
• The group entered in the field of manufacturing with the
establishment of Gul Ahmed Textile Mills Ltd in 1953.
• Starting from Karachi, Gul Ahmed now has an extensive
chain of more than 40 retail stores across the country.
HISTORY
9. Liquidity measurement ratios
• Liquidity ratios attempt to measure a company’s ability
to pay-off its short-term debt obligations.
• This is done by comparing a company’s most liquid
assets (or, those that can be easily converting to cash),
to its short terms liabilities.
• We shall now see a few ratios grouped under the stated
heading.
10. Current Ratio
Current ratio is a measure of company’s short term debt
paying ability by deriving the proportion of current
assets available to cover current liabilities.
Formula: Current assets
Current liabilities
11. Calculation
2013 2012 2011 2010
Current Assets 13,921,865 10,754,152 13,616,576 8,350,600
Current
Liabilities
13,255,764 10,851,954 13,194,546 8,574,679
Ratio 1.05 0.99 1.03 0.97
Graphical representation
0.9
0.95
1
1.05
1.1
2013 2012 2011 2010
Current Ratios
Current Ratios
12. Analysis
• Current ratio of Gul-Ahmed is at the border line
• Although it is an a position to pay it’s short terms debts, but it is
expected to DEFAULT because current assets are almost equal to
the current liabilities
• The current liabilities, hence, after paying the liabilities, no assets
would remain.
13. Quick Ratio/ Acid- test ratio
• Also known as “quick asset ratio” and “Acid- test ratio”
• Measures “IMMEDIATE short-term debts paying abilities” by
measuring the amount of the most liquid current assets to there
are to cover the current liabilities.
• Is a liquidity measuring ratio, that further refines the current ratio
Formula:
cash+Equivalent+short-term investment+Account Receivable
Current Liabilities
14. 2013 2012 2011 2010
Cash/Equivalent 101,921 120,013 83,335 84,966
Short-term
investment
Accounts
receivables
2,746,982 2,256,858 2,243,269 2,597,201
Current
Liabilities
13,255,764 10,851,954 13,194,546 8,574,679
Quick Ratio (%) 28.4 21.90 17.06 31.28
(Gul-Ahmed has no short term investments for the past 4 fiscal years, thus, there value is
not included. Only cash/ Equivalent and accounts receivables (TRADE DEBTS + OTHER
RECEIVABLES) are included)
Calculation
16. Analysis
• The liquidity ( specifically cash) is highly low, thus, the
company can not pay its immediate short terms debts without
either defaulting, or further (over) borrowing
• This clearly shows that the ability of the company to pay its
immediate short-term obligations is LOW, and
• that it does not have the capacity to bear the Burdon.
18. Leverage Ratio
Leverage ratio use to measure the company borrowed capital to
increase the potential return of an investment.
• Debt-to-Total Assets Ratio
• Debt-to-Equity Ratio
19. Debt Ratio/ Debt to Total Assets
Ratio
• Debt ratio compares a company's total assets to its total
liabilities
• It is used to gain a general idea as to what amount of leverage
is used by the company
• A lower percentage indicates that a company is less dependent
on borrowing, and the capital is mix depends more upon the
owner’s or shareholder’s.
Formula:
Debt ratio= Total liabilities
Total Assets
20. 2013 2012 2011 2010
Total Liabilities 15,760,428 13,246,249 15,691,806 11,003,926
Total Assets 21,188,930 17,718,758 20,404,679 14,599,691
Debt Ratio (%) 74.38 74.76 76.90 75.93
Calculation
73
74
75
76
77
78
2013 2012 2011 2010
Debt Ratio
Debt Ratio
21. Analysis
• Gul-Ahmed has a debt ratio (percentage) in 70s.
• Which mean that their creditors have a claim on more than
70 % of there assets which is significantly high.
• If Gul-Ahmed pays its debts now, only 30% of the assets
would be left.
• They may loss all liquid assets and declare bankruptcy.
• Moreover the company’s capital mix HEAVELY depends
upon borrowed capital.
22. Debt To Equity Ratio
• Similar to debt ratio, except that now, total liabilities are compared
with total share holder’s equity.
• It shows how much the suppliers, lenders, creditors, and obligators
have committed to the company, to what share holders have
committed to the company.
• Therefore, it is the comparison of the company’s leverage versus
equity.
• How much of the capital mix consist of borrowed capital and how
much of it is from the share holders.
Formula: Debt to Equity ratio= Total liabilities
Shareholder’s Equity
23. 2013 2012 2011 2010
Total Liabilities 15,760,428 13,246,249 15,691,806 11,003,926
Shareholder’s
Equity
5,428,502 4,472,509 4,712,873 3,595,765
Debt to Equity
Ratio (%)
40% 47% 47% 62%
Calculation
0
20
40
60
80
2013 2012 2011 2010
Debt to Equity Ratio
Debt to Equity
Ratio
24. Analysis
• It has a stronger equity position and is using less borrowed capital
share holders have almost thrice the money creditors have in the
company.
• Positively, this shows excellent management, calculated investments,
and so on and so forth.
• According to the STATE BANK OF PAKISTAN a company should not
borrow more than 70 % of its own capital/assets so that it does not
default and paying debts doesn’t becomes next to impossible.
25. Activity Ratios
Activity Ratio measures the speed with which accounts
are converted into sales/cash that is assessment of the
company’s operating cycle.
Inventory Turnover
Average Collection Period
Average Payment Period
Total Asset Turnover
26. Inventory Turnover Ratio
Inventory turnover ratio, defined as how many times the entire
inventory of a company has been sold during an accounting
period, which is a major factor to success in any business that
holds inventory.
Formula:
Cost of goods Sold
Inventories
27. 2013 2012 2011 2010
Cost of sales 25,502,336 21,432,746 20,808,843 16,515,934
Inventories 8472536.877 8893255.602 7650309.926 4416025.134
Inventory
turnover ratio
3.01 2.41 2.72 3.74
Calculation
0
1
2
3
4
2013 2012 2011 2010
Inventory Turnover Ratio
Inventory
Turnover Ratio
28. • It shows the good position of the company in 2010.
• Because stock is quickly converted into sales as compare to
2013, 2012 and 2011.
Analysis
29. Average collection period
The approximate amount of time that a company takes to receive
payments owed, in terms of receivables, from its customers and
clients. Average collection period must be less or equal to the
company credit policy.
Formula: Accounts Receivables* Days in a Year
Net Credit Sales
OR
Days in a Year
Receivable Turnover Ratio
30. 0
10
20
30
40
50
2013 2012 2011 2010
Average collection period
Average
collection
period
2013 2012 2011 2010
Days in a year 365 365 365 365
Debtor turnover
ratio
13.00 12.14 11.59 8.05
Average
Collection Period
28.078 30.659 31.493 45.342
Calculation
31. Analysis
• It’s collection period is very good in 2010. as compared to
2011, 2012 and 2013.
• Its collection position is low in 2013 as compared to previous
year.
• Because company increase it’s credit sales.
• And it also increase its long term financing.
32. Total Assets Turnover Ratio
This ratio is useful to determine the amount of sales that are
generated from each rupee of assets. The higher the ratio, the
more sales that a company is producing based on its assets.
Formula:
Net Sales
Total Assets
33. 1.1
1.2
1.3
1.4
1.5
2013 2012 2011 2010
Total Assets Turnover Ratio
Total assets
turnover ratio
2013 2012 2011 2010
Net Sales 30,201,588 24,918,480 25,435,465 19,688,794
Total Assets 21,188,930 17,718,758 20,404,679 14,599,691
Total Assets
Turnover
1.43 1.41 1.25 1.35
Calculation
34. • In 2011 its assets are more than its sales which cause low
turnover
• If we compare between past 4 years from2010 to 2013 its
turnover it high in 2013 then remaining years.
• In 2013 its sales are more than its assets,
• Which is good sign for the company because company did no
need to stock its inventories into warehouses.
Analysis
35. These types of ratios evaluate earning the company’s profit with
respect to various levels.
Net Profit Ratio
Return on Assets
Return on Equity
Profitability Ratio
36. Net Profit Ratio
• Often referred to simply as a company’s Profit Margin,
• It is the most discussed number while considering a
company’s profitability.
• This simply ratio behaves investors to take a systematic look
on company’s income statement.
• Formula :
Net Profit After Tax
Net Sales
37. 2013 2012 2011 2010
Net Income 702,078 (240,364) 1,196,457 477,533
Net Sales 30,201,588 24,918,480 25,435,465 19,688,794
Net Profit
Margin %
2.32 (0.96) 4.70 2.43
Calculation
-2
0
2
4
6
2013 2012 2011 2010
Net Profit Margin
Net Profit Margin
38. • Company rise its profit as compare from 2010 to 2011 (2.43 to
4.70)
• Unfortunately the company could not maintain the swiftness and in
2012 a loss of 0.96/100 rupee was incurred.
• Various factors may have accounted for the loss, for instance,
• Over spending
• Severe economic recession
• Plunge reserves, so on and so forth.
• Appreciatively, FY 2013, the company recovered from loss and
declared a profit of 2.32. though too little.
Analysis
39. • This ratio indicates how profitable a company is relative to
its Total Assets.
• The return on assets (ROA) ratio illustrates how well
management is employing the company’s total assets to
make profits.
• Formula :
Return on Assets
Net Profit After Tax
Total Assets
40. 2013 2012 2011 2010
Net Profit 702,078 (240,364) 1,196,457 477,533
Total Assets 21,188,930 17,718,758 20,404,679 14,599,691
Return on Assets 3.313 (1.357) 5.864 3.271
-2
0
2
4
6
8
2013 2012 2011 2010
Return on Assets
Return on Assets
Calculation
41. • In the last FY i.e. 2013, the company is obviously in the
recovering phase, and has employed 3.313% of its assets,
successfully in raising profits.
• This means, for a profit of rupees 100 the company is utilizing
assets worth 3.313 rupees.
• It is worth mentioning that the low profits, (as indicated earlier),
may also be an outcome of under capitalization of assets.
Analysis
42. • The ration indicates how profitable a company is by comparing
its profit and Average shareholder’s equity.
• It measures how much the shareholder earn for their investment
in the company.
• Higher ratio percentage signifies efficient and effective
management,
• Showing how much a company is generating from shareholder’s
capital
• Formula :
Return on Equity
Net Profit After Taxes
Shareholders equity
43. 2013 2012 2011 2010
Net Profit 702,078 (240,364) 1,196,457 477,533
Shareholders
Equity
5,428,502 4,472,509 4,712,873 3,595,765
Return on Equity 12.933 (5.374) 25.387 13.280
-10
0
10
20
30
2013 2012 2011 2010
Return on Equity
Return on Equity
Calculation
44. Analysis
• Drastic changes led to a glorious increase in subsequent
years until 2012, when the company declared losses.
• As of, 2013 the company is back on track with 12.933%
return, which is a large recovery and improvement.
• It is therefore, expected that the managerial decisions and
policies shall yield an even better figures this FY.
45. 2013 2012 2011 2010
Current Ratio 1.05 0.99 1.03 0.97
Quick Ratio (%) 28.4 21.90 17.06 31.28
Debt Ratio (%) 74.38 74.76 76.90 75.93
Debt to Equity
Ratio (%)
40% 47% 47% 62%
Interest Coverage
Ratio
1.69 1.00 2.40 1.75
Inventory
turnover ratio
3.01 2.41 2.72 3.74
Average
Collection Period
28.078 30.659 31.493 45.342
Total Assets
Turnover 1.43 1.41 1.25 1.35
Net Profit
Margin % 2.32 (0.96) 4.70 2.43
Return on Assets 3.313 (1.357) 5.864 3.271
Return on Equity 12.933 (5.374) 25.387 13.280
47. Common Size & Trend Analysis
Common Size Analysis
An analysis of % financial statements where all balance
sheet items are divided by total assets and all income
statement items are divided by net sales or revenues.
48. Balance
Sheet
2013
(000)
2012
(000)
2011
(000)
2010
(000)
2013
%
2012
%
2011
%
2010
%
Total
Equity
5,428,50
2
4,472,50
9
4,712,873 3,595,765 25.62 25.24 23.10 24.63
Total Non
Current
Liabilities
2,504,66
4
2,394,29
5
2,497,260 2,429,247 11.82 13.51 12.24 16.64
Total
current
liabilities
13,255,76410,851,954 13,194,546 8,574,679 62.56 61.25 64.66 58.73
Total equity
and
liabilities
21,188,93017,718,758 20,404,679 14,599,691 100.00 100.00 100.00 100.00
Total non-
current
assets
7,267,065 6,964,606 6,788,103 6,249,091 34.30 39.31 33.27 42.80
Total
current
assets
13,921,86510,754,152 13,616,576 8,350,600 65.70 60.69 66.73 57.20
Total assets 21,188,93017,718,758 20,404,679 14,599,691 100.00 100.00 100.00 100.00
50. Analysis
• Performance is improving as their sales have grown by 21% and
gross profit margin has increased by 35%.
• During the year, we were able to reduce our finance cost by
11%, which was achieved by efficient utilization of credit
facilities.
• Both local and export sales have increased by 29% and 16%
respectively.
• They strived to make their production processes more efficient
to curtail the cost of production and to that effect we managed to
reduce the cost by 2% of sales.
51. • Net assets of the company have increased by 21%. Trade
debts have increased by 24% mainly due to the increase in
sales.
• Fixed assets have increased by 4.4% mostly due to the
addition of new machinery in their production facilities.
• Long-term financing has increased by Rs. 58.57 million,
which is 3% as compared to fiscal year 2012. Short-term
borrowings have increased by 14%.
• Overall there is significant improvement in the leverage,
debt to equity and interest cover ratios.
52. Index Analysis
Balance
Sheet
2013
(000)
2012
(000)
2011
(000)
2010
(000)
% % % %
Total Equity 5,428,502 4,472,509 4,712,873 3,595,765 21.37 (5.10) 31 100
Total Non
Current
Liabilities
2,504,664 2,394,295 2,497,260 2,429,247 4.61 (4.12) 2.7 100
Total current
liabilities
13,255,764 10,851,954 13,194,546 8,574,679 22.15 (17.75) 53.88 100
Total equity
and liabilities
21,188,930 17,718,758 20,404,679 14,599,691 19.58 (13.16) 39.76 100
Total non-
current assets
7,267,065 6,964,152 6,788,103 6,249,091 4.34 2.60 8.63 100
Total current
assets
13,921,865 10,754,152 13,616,576 8,350,600 29.46 (21.02) 63.06 100
Total assets 21,188,930 17,718,758 20,404,679 14,599,691 19.58 (13.16) 39.76 100
54. • Shareholders equity has almost doubled to Rs. 5,428 million as
compared Rs. 3,595 million in FY 2010.
• Property, plant and equipment have increased by Rs. 6,140 million to
Rs. 7,132 million over the four years period. Capacity has increased
and latest state of the art machinery has been inducted.
• Over the last four years, net sales grew by 153% from Rs. 19,688
million in FY 2010 to Rs. 30,202 million in FY 2013. The growth
has more than doubled in the last four years. Local Sales and Export
Sales have increased both in volume and price.
Comments on Financial Analysis
55. • Finance cost as percentage of sales has gone down to 4.1%
in FY2013 from 4.8% in FY 2010.
• Profit after tax in FY 2013 has increased to Rs. 702 million
as compared to Rs. 477 million in FY 2010. Earnings per
share now stand at Rs. 4.84 versus Rs. 3.76 in FY 2010.
• During the four year period Company has paid 22.5% cash
dividend and issued 100% bonus shares. In addition for the
FY 2013 20% bonus shares have been proposed, taking the
total bonus issue 120%.
57. Conclusion
• The textile sector has a key role in the economic activities of the country
when it comes to contribution to the percentage of exports and GDP and
serves as a major engine of employment.
• Textile is an important industry having an inherent value addition
capability and exponential employment generating potential.
• To weather the energy crisis, the made-ups and apparel sector is
extremely vital as it requires the lowest energy and investment while
yielding the greatest employment potential and value added exports
PERFORMANCE OVERVIEW their financial performance is assessed
mainly by improvement in the shareholders stake, which is the result of
profits earned by the Company, market penetration in terms of sales and
liquidity.
58. • Gul Ahmed as a responsible corporate citizen voluntarily works for the
welfare of the society.
• With a history of spending for infrastructure development of society,
providing tap water for local community and facilitating law
enforcement forces in the area with the cooperation of other
stakeholders.
• Severe energy crisis in our country is not only adversely impacting the
national economy but also a matter of depression for general public as
long hours of load shedding of electricity and gas has disturbed
peaceful lives of the citizens.
• Gul Ahmed has shared national burden by investing millions of Rupees
in the most efficient power generation facilities.