Positive half-year sales for Nishat Mills
21/03/2025
Gross profit was also up, by 13%, rising by PKR 1.242 billion (or €4 million) compared to the same period in the previous year. It did however record a slight decline in gross profit margin, which dropped from 12% to 11.8%, a reflection of higher sales costs that have pressured profitability, it said.
Among the vertically integrated group’s seven divisions, spanning spinning to home linens, its weaving division operates nearly 1000 Air Jet looms which produce approximately 30 million sq.m. of fabric monthly. The company’s processing division has a capacity to treat some 104 million meters of fabric per year, and its garment making facility 1.2 million garments per month.
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