textile News

VIS reaffirms entity ratings of Premium Textile Mills Ltd

VIS Credit Rating Company Limited (VIS) reaffirms entity ratings of Premium Textile Mills Limited (PSX: PRET)...

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Pakistan's textile sector crumbles as Govt stalls on EFS overhaul

Pakistan's textile industry is rapidly deteriorating as, for over 10 months now, the government has failed to address the fatal anomaly in the Export...

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Textile exports surge 0.4% to $1bn in February

The country's total textile exports increased by 0.4% to $1.41 billion in February compared to $1.4bn in the same month last year, data released by the...

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430,000+ metric tons of used clothing imported via maritime sector in FY24

Qaiser Ahmed Shaikh, Federal Minister for Maritime Affairs, revealed that over 430,000 metric tons of used clothing arrived in Pakistan during FY2023-24...

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Textile firms struggle with energy, borrowing costs

Pakistan’s smaller textile companies are curtailing production or selling assets to pay debt after high energy and borrowing costs hurt businesses...

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Textile exports rise 10% to $1.47bn in Sep

The country's total textile exports rose 10.2% to $1.47bn in September 2024 compared to $1.33bn in September 2023...

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Textile exports edge lower to $1.41bn in August 2024

The country's total textile exports dropped by a meager 0.57% to $1.41 billion in August 2024 compared to $1.42bn in August 2023, data released by the State...

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Textile exports rise 4.2% to $1.38bn in July

The country's total textile exports increased by 4.23% YoY to $1.38bn in July 2024 compared to $1.32bn in July 2023, data released by the State Bank...

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Pakistan’s textile exports drop 3.1% to $1.27bn in July

Pakistan’s textile exports in July 2024 fell by 3.09% to $1.27 billion compared to $1.31 billion in the same period last year...

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Pakistan showcases textile products in France

Ambassador Asim Iftikhar Ahmad inaugurated the Pakistan Pavilion at Texworld Evolution in Paris, France, showcasing attractive textile products...

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Textile exports rise 11.27% YoY to $1.48bn in May

The country's total textile exports increased by 11.27% YoY to $1.48bn in May 2024 compared to $1.33bn in May 2023...

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FY25 budget deals catastrophic blow to textile industry: APTMA

The All Pakistan Textile Mills Association (APTMA) has voiced severe concerns regarding the FY25 budget proposed by the government...

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Tax rate for TIER-I textile, leather retailers raised to 18% in FY25

The TIER-I retailers in the textile and leather products sector will face a higher tax slab in the upcoming fiscal year (FY25)

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Commerce Minister assures textile sector of export facilitation

Federal Commerce Minister Jam Kamal Khan has assured APTMA of facilitating the textile industry in export diversification...

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Textile exports rise 10.3% YoY to $1.3bn in April

The country's total textile exports increased by 10.3% YoY to $1.3 billion in April 2024 compared to $1.18bn in April 2023, data released by the...

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Towellers Limited profits tumble 86% YoY in 1Q2024

Towellers Limited's (PSX: TOWL) profits plunged 85.7% YoY in the three months ended March 2024, with its profit after tax falling to just Rs59.17 million...

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Textile exports rise 3.56% YoY to $1.36bn in March

The country's total textile exports increased by 3.56% YoY to $1.36 billion in March 2024 compared to $1.31bn in March 2023, data released by the State Bank...

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Pakistan aims to revitalize textile exports with new wheeling policy: Power Minister

The government is intensifying efforts to implement a comprehensive wheeling policy which is expected to significantly boost dwindling textile...

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Pakistan's textile exports rise 3% YoY to $1.3bn: APTMA

The country's total textile export registered an increase of 3% YoY to $1.3 billion in March 2024 compared to $1.26bn recorded...

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VIS maintains ‘A-’ rating for Crescent Textile Mills

The VIS Credit Rating Company Limited has maintained the entity ratings of The Crescent Textile Mills Limited (PSX: CRTM) at ‘A-’ for long term and...

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Textile exports drop 4.51% MoM to $1.37bn in February

The country's total textile exports registered a decrease of 4.51% MoM to $1.31bn in February 2024 compared to $1.37bn recorded in the previous month...

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Textile sector's profit plunges 58% QoQ amid soaring energy costs

Pakistan’s textile industry suffered in the second quarter of the fiscal year 2024 as the sector grappled with the repercussions of soaring energy costs...

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Pakistan's apparel sector attracts $5bn investment in few years: Ambassador Masood Khan

During the last few years, Pakistan's apparel sector has attracted approximately $5 billion of fresh local investment for expansion, including imports...

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Textile exports grow 20% YoY to $1.41bn in February: APTMA

The country's total textile export registered an increase of 20% YoY to $1.41bn in February 2024 compared to $1.18bn recorded in the same period of last year...

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Pakistan textile industry warns of shutdowns amid energy crisis

Pakistan's textile and apparel sector is facing an existential threat from soaring energy costs and power shortages, and more than half of the industry is at...

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Pakistan seeks to boost textile exports to China: FPCCI Chairman

Chairman of the Federation Pakistan Chamber of Commerce and Industry (FPCCI) Capital Office, Karim Aziz Malik, expressed optimism about boosting Pakistan's...

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High Court gives green light to AEL-SIL merger, share allocation

The Lahore High Court has approved the scheme of restructuring/arrangement for the merger of AEL Textile Limited (PSX: AEL) with and into Stylers...

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APTMA, China Chamber of Commerce sign MOU to boost trade

The All Pakistan Textile Mills Association (APTMA) has signed a Memorandum of Understanding (MOU) with the China Chamber of Commerce for Import and Export...

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Govt establishes advisory council to boost textile sector exports

In an effort to broaden the export base of the textile sector, the Ministry of Commerce has established the...

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Textile exports rose by 9% MoM in October: SBP

The country's total textile export registered an increase of 9.05% MoM to $1.45bn in October 2023 compared to $1.33bn....

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APTMA Cotton Foundation, BCI forge partnership to revolutionize cotton production

In a significant step towards revolutionizing cotton production in Pakistan, the All Pakistan Textile Mills....

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Textile exports increased by 5% YoY in October: APTMA

The country's total textile export registered an increase of 5.15% YoY to $1.43bn in October 2023 compared to $1.36bn recorded in the same period of last...

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Textile exports registered a fall of 17.07% YoY in September: SBP

The country's total textile export registered a fall of 17.07% YoY to $1.33bn in September 2023 compared to $1.61bn...

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Elahi Cotton Mills halts production for ten days

The board of directors (BoD) of Elahi Cotton Mills Limited on Monday decided to close the production activities of the Mills for ten days....

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Textile exports decrease by 12% YoY in September: APTMA

Textile exports in the month of September 2023 slumped by 12% YoY to $1.35 billion, compared to $1.53bn in September 2022...

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Textile exports decrease by 6% YoY in August: APTMA

Textile exports in the month of August 2023 slumped by 6% YoY to $1.48 billion, compared to $1.58bn in August 2022...

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Textile units of Karachi, Nooriabad, Hyderabad agree to pay 60% hike in terms of gas tariff

All zero-rated textile units of Karachi, Nooriabad and Hyderabad have signed the agreement for gas supply...

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Government to formulate textile export enhancement strategy

To increase the country's textile export base, the Ministry of Commerce (MOC) is currently in the process of a strategy for export enhancement and therefore....

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Textile exports registered a fall of 11.40% YoY in July: PBS

The country's total textile export registered a fall of 11.40% YoY to $1.31bn in July 2023 compared to $1.48bn recorded in the same period of last year...

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Marks & Spencer expresses interest to increase textile import from Pakistan

International fashion retailer Marks & Spencer Group is looking for enhancing imports of textile products from Pakistan...

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Textile exports registered a fall of 34.30% YoY in June: SBP

The country's total textile export registered a fall of 34.30% YoY to $1.18bn compared to $1.80bn recorded in the same period of last year, data issued by....

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Textile exports decline by 15% in FY23

In a substantial setback for Pakistan's economy, textile exports for the fiscal year 2022-2023 witnessed a notable decline, resulting in a loss of $2.8...

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Textile Industry to materialize dream of $100bn exports: Zardari

Former President Asif Ali Zardari said on Friday that his dream of $100 billion exports would materialize with the help of the textile industry.

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Textile exports registered a fall of around 14% YoY in May: SBP

The country's total textile export registered a fall of 13.79% YoY to $1.32bn compared to $1.17bn recorded in the same period of last year, data issued by the

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Textile exports fall by 19.57% YoY in May: PBS

Pakistan's textile exports have increased to $1.320 billion in May 2023, showing a drop of 19.57% YoY and an increase of 7.11% MoM, the latest data released...

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Textile exports decrease by 20% YoY in May: APTMA

Textile exports in the month of May 2023 slumped by 20% YoY to $1.31 billion, the 8th consecutive YoY decline, compared to $1.64bn in May 2022, according to...

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Miftah Ismail directs authorities to resolve tax refunds, export related issues

Miftah Ismail directs authorities to resolve tax refunds, export related issues

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KTML’s profitability drops by 52% in FY22

KTML’s profitability drops by 52% in FY22

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Textile exports decline by 13% MoM in July: PBS

Textile exports decline by 13% MoM in July: PBS

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APTMA advised to maintain strong liaison with US counterparts

APTMA advised to maintain strong liaison with US counterparts

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Textile exports cross $19bn mark in FY22

Textile exports cross $19bn mark in FY22

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Textile exports likely to squeeze by $1bn in July amid gas closure, Eid holidays

Textile exports likely to squeeze by $1bn in July amid gas closure, Eid holidays

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Miftah Ismail assures APTMA of govt’s full support in resolving textile sector issues

Miftah Ismail assures APTMA of govt’s full support in resolving textile sector issues

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Textile exports hit all time high of $17.7bn in 11MFY22

Textile exports hit all time high of $17.7bn in 11MFY22

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Pakistan posts highest monthly textile exports of $1.74bn in April

Pakistan posts highest monthly textile exports of $1.74bn in April

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Minister vows to extend support to textile industry

Minister vows to extend support to textile industry

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Interloop: Higher volumetric sales lift profits

Interloop: Higher volumetric sales lift profits

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Pakistan records highest ever textile exports of $14.24bn during 9MFY22

Pakistan records highest ever textile exports of $14.24bn during 9MFY22

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Textile exports reach $12.6bn during 8MFY22

Textile exports reach $12.6bn during 8MFY22

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WWF- Pakistan signs pact with Sapphire Textile, Diamond Fabrics

WWF- Pakistan signs pact with Sapphire Textile, Diamond Fabrics

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NML records threefold-plus increase in net income

NML records threefold-plus increase in net income

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Government to review textile sector energy rates annually

Government to review textile sector energy rates annually

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Cabinet approves 3rd Textiles and Apparel Policy

Cabinet approves 3rd Textiles and Apparel Policy

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Pakistan's textile exports to surge after gaining edge over rivals: Razak Dawood

Pakistan's textile exports to surge after gaining edge over rivals: Razak Dawood

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Textile Q2 Preview: Swelling exports to lift textile players' profitability

Textile Q2 Preview: Swelling exports to lift textile players profitability

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Textile exports surge to record high of $9.4bn in 1HFY22

Textile exports surge to record high of $9.4bn in 1HFY22

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Cotton prices surge to record high

Cotton prices surge to record high

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Razak Dawood betting big on export industry despite fiscal tightening

Razak Dawood betting big on export industry despite fiscal tightening

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Textile exports rise to record high of $1.7bn in November

Textile exports rise to record high of $1.7bn in November

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Cotton output surges 44% to 7.2mn bales as of Dec15

Cotton output surges 44% to 7.2mn as of Dec15

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Textile’s expansion plan on track: APTMA

Textile’s expansion plan on track: APTMA

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Textile exports continue record streak in Oct’21

Textile exports continue record streak in Oct’21

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Interloop to invest $100mn in knitwear apparel plant

Interloop to invest $100mn in knitwear apparel plant

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Cotton production surges by 81% to 6.257m bales as of Nov 1

Cotton production surges by 81% to 6.257m bales as of Nov 1

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Textile exports hit record high of US$6.04bn during July-Oct FY22

Textile exports hit record high of US$6.04bn during July-Oct FY22

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NML: EPS settles at Rs11.91, up by 3.38x YoY in 1QFY22

NML: EPS settles at Rs11.91, up by 3.38x YoY in 1QFY22

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Textile exports surge to record high of $4.42bn during 1QFY22

Textile exports surge to record high of $4.42bn during 1QFY22

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Textile exports rise to record high of US$1.503bn in Sept’21

Textile exports rise to record high of US$1.503bn in Sept’21

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Govt to announce textile, non textile incentives soon: Finance Ministry

Govt to announce textile, non textile incentives soon: Spokesperson

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Razak Dawood applauds $5bn investment in Textile sector

Razak Dawood applauds 5bn investment in Textile sector

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APTMA optimistic to achieve $21b textile export target

APTMA optimistic to achieve $21b textile export target

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MoC releases new refunds of Rs6bn under DLTL scheme

MoC releases new refunds of Rs6bn under DLTL scheme

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NML profits ballooned by 56% YoY in FY21

NML profits ballooned by 56% YoY in FY21

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Textile exports rise by 45% YoY in Aug’21

Textile exports rise by 45% YoY in Aug’21

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ILP: Profits nearly quadruple amid rise in value-added textile exports

ILP Profits nearly quadruple amid rise in value-added textile exports

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President terms increase in exports vital to boost economy

Exports are vital to boost economy

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July’21 Textile Exports surge by 15.6% YoY to $1.5bn

July21 Textile Exports surge by 15.6YoY to 1.5bn

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Govt releases Rs6bn under DLTL scheme

Govt releases Rs6bn under DLTL scheme

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Textile Exports up by 23% to $15.4bn in FY21:PBS

Textile Exports up by 23 to 15.4bn in FY21 PBS

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Export volume of textile remains impressive, up by 46% YoY during June’21

Export volume of textile remains impressive, up by 46 YoY during June 21

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MOC announces to transfer Rs8bn under DLTL starting from July 2nd

MOC announces to transfer Rs8bn under DLTL starting from July 2nd

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GATM: pursuing the upward trail

GATM pursuing the upward trail

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VIS revises outlook of Sapphire Textile Mills to 'Stable' as textile industry recovers

VIS revises outlook of Sapphire Textile Mills to Stable as textile industry recovers

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Value-added Textile Exports Association demands for restoration of Zero Rating- No Payment No Refund System

Value-added Textile Exports Association demands for restoration of Zero Rating- No Payment No Refund System

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Textile Exports jump by 17% to US$12.7bln in 10MFY21

Textile Exports jump by 17 to US12.7bln in 10MFY21

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Cabinet ratifies to withdraw Customs Duty on Cotton Yarn Imports

Cabinet ratifies to withdraw Customs Duty on Cotton Yarn Imports

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Textile: Exports rebound in March, up by 30% YoY

Textile Exports rebound in March, up by 30 YoY

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ECC withdraws customs duty on import of cotton yarn

ECC withdraws customs duty on import of cotton yarn

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Cabinet directs MOC to re-examine supply constraints issue of Cotton for value-added sector

Cabinet directs MOC to re-examine supply constraints issue of Cotton for value-added sector

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Textile exports fall by 6.75% MoM in February

Textile exports fall by 6.75 MoM in February

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Name Price/Vol %Chg/NChg
KSE100 125,627.31
258.99M
1.00%
1248.25
ALLSHR 78,584.71
1,142.41M
1.16%
904.89
KSE30 38,153.79
69.25M
0.63%
238.06
KMI30 184,886.50
91.38M
0.01%
13.72
KMIALLSHR 53,763.81
554.57M
0.54%
290.61
BKTi 31,921.68
33.15M
1.78%
557.94
OGTi 27,773.98
9.65M
-0.40%
-112.21
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 107,710.00 107,860.00
107,555.00
-525.00
-0.49%
BRENT CRUDE 66.63 67.20
65.92
-0.17
-0.25%
RICHARDS BAY COAL MONTHLY 97.00 97.00
97.00
1.05
1.09%
ROTTERDAM COAL MONTHLY 107.65 107.65
105.85
1.25
1.17%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 64.95 65.01
64.83
-0.16
-0.25%
SUGAR #11 WORLD 16.19 16.74
16.14
-0.52
-3.11%


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