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Masood Textile Mills was founded in 1984. In 2014 it posted a pre-tax profit of Rs 1.1 billion, which was 13% higher than its pre-tax earnings in the preceding year. Shanghai Challenge Textile Company acquired 24.3% shares in Masood Textile Mills in a privately negotiated deal. [2] [3] It later acquired 52% stake of the company. [4]
Masood Textile Mills: Basic materials Textile products Faisalabad: 1985 Textile manufacturer P A Master Motors: Consumer goods Automobiles Karachi: 2002 Cars & commercial vehicles manufacturer, joint venture of Master Group & Changan, Foton, Yutong (China), Fuso (Japan) P A MCB Bank: Financials Banks Karachi: 1947 Commercial bank, owned by ...
The All Pakistan Textile Mills Association (APTMA) is an association for Textile industry in Pakistan.APTMA represents over 400 textile mills in Pakistan. [2]The textile industry is Pakistan's largest industry and textile is the most important export of Pakistan. [3]
Faisalabad is as an industrial center with industries like processing mills, engineering, industrial goods, textile manufacturing including cotton and silk textiles, super phosphates, apparel and hosiery, industrial chemicals and dyes, pulp and paper, agricultural research and equipment, oil and ghee (clarified butter), and concentrated beverages.
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These 119 mills were controlled by NTC(HC) Ltd with the help of 9 subsidiary Corporations, with an authorised capital of ₹ 100 million (US$1.2 million) which was raised from time to time and which is now ₹ 50 billion (US$590 million) [3] and the paid up share capital of the corporation is ₹ 30,621.6 million (US$360 million) as on 31 March ...
Adamjee Group was founded by Haji Dawood in 1896. [2] The family holding company was formally registered as Adamjee Sons, Ltd. in Pakistan. [3] In 1964, Time described Gul Mohamed Adamjee as the jute king of Pakistan. [3]
There are textile manufacturing and processing companies like Ginnifilaments limited which turned Chhata into a Mill town, a 25-year old textile mill situated in Chhata, providing employment for female and male workers of Chhata and neighboring villages.