International Knitwear Limited · PSX:INKL
International Knitwear — FY2023 Earnings Presentation
13 slides from International Knitwear's earnings presentation, Nov 24, 2023
Slide 1: International Knitwear Limited - Year Ended June 30, 2023
International Knitwear Limited For the Year Ended June 30,2023 November 24 ,2023
Slide 2: Table of Contents
International Knitwear Limited Table of Contents: Company Introduction. Company’s Operation. Financial Results and Highlights. Future Challenges. Q&A Session.
Slide 3: History and Company's Operations
International Knitwear Limited HISTORY International Knitwear Limited (INKL) the Company was incorporated in Pakistan as an unlisted public limited company on 21 May 1990. It was listed on the Karachi and Islamabad Stock Exchange Limited in 1994. COMPANY’S OPERATIONS We are leaders in creating, deve
Slide 4: Sales Revenue
International Knitwear Limited Sales Revenue (Rs in 000) 670,262 700,000 2022, 670,262 700,000 611,489 537,457 600,000 600,000 2020,488,090 537,457 500,000 451,098 2021, 488,090 500,000 2019, 451,098 400,0002018, 393,230 400,000 300,000 300,000 200,000 200,000 100,000 100,000 - - 2019 2020 2021 2022
Slide 5: Sales Revenue (Export & Local)
International Knitwear Limited Sales Revenue (Export & Local) (Rs in 000) 700,000 600,000 500,000 393,067 214,190 327,487 76,107 400,000 249,891 300,000 200,000 374,991 323,267 284,002 238,199 277,195 100,000 - 2019 2020 EXPORT2021LOCAL 2022 2023 5
Slide 6: Income statement 2023 vs 2022
International Knitwear Limited Amount in Rs. 2023 2022 Net Sales 611,489,441 670,262,761 Cost of Sales (530,783,728) (610,521,595) Gross Profit 80,705,713 59,741,166 Administrative and selling expenses (33,568,777) (24,677,539) Operating profit 47,136,936 35,063,627 Other charges (2,748,506) (2,044,
Slide 7: Profit/(loss) after tax
International Knitwear Limited Profit/(loss) after tax (RS in 000) 25,000 22,084 22,073 20,000 15,000 10,000 10,237 7,735 5,000 - (50) 2019 2020 2021 2022 2023 (5,000) 7
Slide 8: Five-year Turnover, PBT, PAT, EPS and dividend
International Knitwear Limited 2023 2022 2021 2020 2019 Turnover 611,489 670,262 488,090 537,457 451,098 PBT 37,130 27,585 6,620 16,865 14,748 PAT 22,073 22,084 (50) 7,735 10,237 EPS 2.28 2.28 (0.01) 0.80 1.06 Cash 10% 7.5% 0% 5% 5% Dividend % 8
Slide 9: Total Assets, Share Capital & Reserves
International Knitwear Limited 2023 2022 Non-Current Assets 83,231 77,041 251,376 339,017 Current Assets TOTAL ASSETS 334,608 416,058 SHARE CAPITAL & RESERVES 158,306 143,914 Non-Current Liabilities - 642 Current Liabilities 176,301 271,502 TOTAL LIABILITIES 176,301 272,144 TOTAL EQUITY AND 334,608
Slide 10: Capital Expenditure Incurred in Last 5 Years
International Knitwear Limited Capital Expenditure Incurred in Last 5 Years (Rs in 000) 30,000 26,081 25,000 20,000 15,000 10,499 8,467 10,612 10,000 5,000 1,723 - 2019 2020 2021 2022 2023
Slide 11: Future Challenges
International Knitwear Limited Unpredictable, inconsistent and non-inclusive Government policies. Increase in prices of Raw Material due to inflationary factor. The erratic movement of PKR against USD. Increase in energy prices, transmission and supply issues. Global economic slow down and
Slide 12: International Knitwear Limited
International Knitwear Limited 12
Slide 13: International Knitwear Limited
International Knitwear Limited 13
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