Interloop saw 40% rise in revenues over H1

21/02/2024

Faisalabad-based supplier Interloop has reported a 115% rise to its first-half (H1) profits after net sales saw a 39.8% increase versus the previous year.

Net profits rose to $35.3 million or 9.85 billion Pakistani rupees over the six months, whereas revenues increased to $265 million or 74 billion Pakistani rupees.

The business aims to achieve $700 million in annual revenues by 2026.