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Premium Textile Mills Ltd
Haji Adam Chamber, 1st Floor
Altaf Hussain Road, New Challi
Phone: +92 2132400405p:+92 2132400405 KARACHI, 74000  Pakistan Ticker: PRETPRET
Business Summary
Premium Textile Mills Limited is a Pakistan-based company. The Company primarily manufactures and sells cotton and polyester yarn, as well as socks of different varieties. It has also diversified its business into manufacturing auto parts and trading. It offers various products such as Melange yarns, Heather Grey yarns, Fancy yarn, Snow Effect yarn, Marled yarns, Speckled or Neppy yarns, Performance socks, Lifestyle socks, and Specialty socks. Its yarns are used by textile mills to produce a range of fabrics, including shirting, suiting, and fashion fabrics, not only by local manufacturers but also in Italy, Belgium, the United Kingdom, Spain, Germany, Australia, Mexico, Turkey, Japan, Thailand, and Indonesia. The Company also focuses on engineering technical socks for sports, active recreation, and specialty markets with premium textile. Its socks are typically worn with dress shoes or formal attire, available in various colors, designs, and materials, adding flair to a man's outfit.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/20246/30/2024Yes----

Industries
SIC Code Description
2281 Yarn spinning mills
2252 Hosiery, not elsewhere classified
3714 Motor vehicle parts and accessories

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, Chief Executive Officer Abdul KaderAdam
Chief Financial Officer, Director Ghulam MohammedSurti
Executive Director Mohammed YasinSiddik
6 additional Officers and Directors records available in full report.

General Information
Number of Employees: 1,446 (As of 6/30/2024)
Outstanding Shares: 6,163,000 (As of 9/30/2024)
Stock Exchange: PSX
Fax Number: +92 2132417908


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Friday, November 22, 2024