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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]
Zulfiqar Paracha, Pakistani businessman, owner of Universal Corporation (Pvt) Ltd [13] Ahmed Ali Riaz, son of Pakistani business magnate Malik Riaz Hussain, founder and owner of Bahria Town [13] Javed Shakoor, Pakistani businessman related with Buxly Paints [13] Shahid Nazir, Pakistani businessman, CEO of Masood Textile Mills [13]
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$600 million) [3] and the paid up share capital of the corporation is ₹ 30,621.6 million (US$370 million) as on 31 March ...
The textile and apparel industry is the major industry in Faisalabad. It is also responsible for almost 60-80% of the export revenue [ citation needed ] of Pakistan. The Faisalabad Chamber of Commerce and Industry (FCCI) and Pakistan Hosiery Manufacturers Association (PHMA) are the regulatory bodies for all textile and apparel manufacturers in ...
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Textile manufacturing in the modern era is an evolved form of the art and craft industries. Until the 18th and 19th centuries, the textile industry was a household work. It became mechanised in the 18th and 19th centuries, and has continued to develop through science and technology since the twentieth century. [ 2 ]
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