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Gul Ahmed textile making good gain

Related Keywords: Gul Ahmed textile, Pakistan textile industry

Gul Ahmed Textile, one of Pakistan’s largest composite textiles mills making good gain. Its earnings are up by 233% for the six month period ending December 2013, a revenue of Rs.570 million after tax was posted against Rs171 million for the corresponding period of the previous year.

Second quarter (October-December 2013) of the current fiscal year (FY2013-14) has been exceptional for the company, which saw an earning of Rs414 million, up 294% compared to Rs105 million in the corresponding quarter previous year.

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