Interloop’s ongoing investments - insidedenim: Glo InsideDenim

News

Interloop’s ongoing investments

22/11/2024
Faisalabad-based manufacturer Interloop Limited (ILP) has reported its financial results for the first quarter of FY25. The company’s net sales increased 11% to $153.7 million or 42.7 billion Pakistani rupees ($153.7 million). But challenging market conditions have negatively impacted its net profit after tax which fell 94.5% to $1 million or 334 million Pakistani rupees.

ILP has earmarked $92 million in ongoing investments, including $18.8 million to expand its denim operations, $13.2 million for yarn dyeing, and $2.1 million for renewable energy projects. It has announced having commissioned an additional 12.4 MW of solar power, to bring its total solar capacity to 25 MW.

Related stories:

Interloop’s new Egyptian facility to create 1,000 jobs 10/09/2025
Regenerative certification for Interloop's Kapas programme 16/07/2025
Onwards and upwards as Interloop buys sock brand 20/06/2025
Strength at Interloop despite choppy waters 07/05/2025
Pakistan to promote sustainable production through Better Cotton partnership 16/01/2025
Bluesign names first Italian laundry partner 25/11/2024
Interloop celebrates record sales and LEED Platinum rating 10/10/2024
Recognition for Interloop’s water stewardship 02/10/2024
Garment plant boosts Interloop exports 27/09/2024
Interloop celebrates Higg success 24/07/2024
Interloop chairman receives Pakistani medal of excellence 25/03/2024
Interloop saw 40% rise in revenues over H1 21/02/2024
Interloop lauds Guess’ use of Loomshake in denim 02/02/2024

InsideDenim.com cannot be held responsible for content if the language setting is changed from English. The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.