Icc Industries Limited · PSX:ICCI
Icc Industries — Corporate Update (November 2024)
7 slides from Icc Industries's corporate update, Nov 27, 2024
Slide 1: ICC Industries Ltd. Corporate Briefing
ICC Industries Ltd. Corporate Briefing Financials for the Year Ended June 2024 Lahore: Dated 27th Nov, 2024
Slide 2: Company Profile
Company Profile XS Board of Directors Audit Committee HR&R Committee Chief Financial Officer Mr. Mr. Javaid S. Siddiqi Pervaiz S. Siddigi Mrs. Fauzia Javaid . Salman Javaid Siddigi . Asim Pervaiz Siddigi . Arif Mahmud Khan . Naveed Hashim Rizvi . Arif Mahmud Khan . Salman Javaid Siddigi . Pervaiz S.
Slide 3: Company Secretary, Auditors and Registered Office
XS 4 Company Secretary Auditors Legal Advisor Shares Registrar Registered Office Mr. Shahid Ali Anmad Reanda Haroon Zakaria Aamir Salman Rizwan & Company Chartered Accountants 275, Block H-1, M.A. Johar Town, Lahore Imtiaz Siddigi Associates 179/180-A, Scotch Corner, Upper Mall Scheme, Lahore-Pakist
Slide 4: Background
Background • ICC Industries Limited (Formerly ICC Textiles Limited) was incorporated on May 25, 1989 as a public limited company. The principal activity of the company was manufacturing and sale of grey fabric. The registered office of the company is situated at 242-A, Anand Road, Upper mall, Lahore
Slide 5: New line of business: real estate and storage
Considering future prospects of Real Estate Business and Company’s huge covered area and land situated at Sundar, Lahore having potential of substantial earning, the members of the Company in their meeting held on January 27, 2020, after due consideration approved to adopt new line of business compr
Slide 6: Period Under Review
Period Under Review • Enhanced revenue attributed to renting out additional covered area of mills premises during the year, although full potential could not be achieved as the rental rates remained depressed due to challenging business sentiment prevailing in the country. • We experienced a positiv
Slide 7: Future Strategy and Prospects
Future Strategy and Prospects Although there is decline in inflation figures, however, from July 2024 minimum wage has been further enhanced from Rs. 32,000 to Rs. 37,000. Minimum wage enhanced from Rs. 32,000 to Rs. 37,000 w.e.f. Jul 01, 2024 The long awaited political and economic stability antici