Quetta Textile Mills Limited · PSX:QUET
Quetta Textile Mills — Corporate Update (2019)
20 slides from Quetta Textile Mills's corporate update, 2019
Slide 1: Quetta Textile Mills Ltd. Corporate Briefing Session 2019
Quetta Textile Mills Ltd. welcome Quetia Textile Mills Limited Coroorcnie Brietine Session 2019
Slide 2: Introduction
INTRODUCTION Quetta Textile Mills is established in 1970 as Public and Company Share are listed at Pakistan Stock Exchange Karachi. QTML is principally engaged in Manufacturing and sale of yarn, fabrics, The Company has Head office in Karachi, and the Company has Spinning Units at Kotri Industrial a
Slide 3: Our Values, Our Strength
OUR VALUES OUR STRENGTH Managing and developing Installed - Work human resources is an ========= ===== integral part of our business. Constant retraining and essential skill development 73,488 57,706 SPINDLES programs are in place providing our team with opportunity to adapt to a • 1,104 - ROTORS ch
Slide 4: Production - Spinning
PRODUCTION - SPINNING • Quetta Textile Mills Ltd produces the finest yarn and fabric including Organic Cotton, Tinsel, Bamboo Yarn, Yarn from Regenerated Cotton, Slob and Compact yarn among others. • Capacity of industrial unit after conversion into 20/s-count-KGS 29.438 m • Actual production after
Slide 5: Spinning
Slide 6: 73,488 Spindles and 1,104 Rotors
73,488 SPINDLES AND 1,104 ROTORS
Slide 7: We provide our customers with imported cotton options for contamination free yarns and fabrics
We provide our customers with imported cotton options for contamination free yarns and fabrics. Raw material quality is scientifically managed in our fiber testing lab, which contains a complete range of modern cotton testing equipment, including HVI 1000. We produce yarns ranging from: Ring Spun ca
Slide 8: Quetta Textile Mills
QUETTA TEXTILE MILLS
Slide 9: Weaving division with Tsudakoma air jet looms
Our weaving division, consisting of 250 Tsudakoma air jet looms with latest Benninger back process, produces fabrics for the high- end garment and home textile industries. Rated capacity converted into 60 picks-Square meters 70.763 million Actual production converted into 60 picks-Square meters 26.7
Slide 10: Weaving
Slide 11: Statement of Financial Position
STATEMENT OF FINANCIAL POSITION AS AT JUNE 30, 2019 ASSET EQUITY AND LIABILITIES Non Current Asset SHARE CAPITAL AND RESERVES Property, plant and equipment 5,948,633,149 Authorized capital Intangible assets 2,130,467 20,000,000 ordinary shares of Rs. 10 each 200,000,000 Long term deposits 34,334,528
Slide 12: Statement of Profit or Loss
STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED JUNE 30, 2019 2019 2018 =========== =========== Sales 4,248,480,336 3,795,455,727 Cost of sales 4,514,119,935) 4,279,300,044) Gross (loss) (265,639,599) (483,844,317) Other income 9,098,913 8,389,639 (256,560,686) (455.454.678) Distribution cost (14,480
Slide 13: Balance Sheet (Key Highlight) in Millions
BALANCE SHEET (KEY HIGHLIGHT) IN MILLIONS 2019 2018 ----------------Millions--------------- ======== ======== Plant and Machinery 5,948 6,192 Other Long term Asset 36 35 Equity 827 1,199 Long Term Liabilities 503 1,171 Current Liabilities 6,204 5,389
Slide 14: Financial Statement (Key Highlight) in Millions
FINANCIAL STATEMENT (KEY HIGHLIGHT) IN MILLIONS Variation Percentage ======= 2019 of Sale 2018 2019 - 2018 Sale 11.94% 4,248 =========== 3,795 Gross Loss 5.49% (266) 6.26 - 12.73 (483) Net Loss 35.15% (369) 8.69 - 15.00 (569) Loss per share 35.16% (28.38) (43.77
Slide 15: Five Year Data
FIVE YEAR DATA 12000 10000 8000 6000 Last Five year data Sale 4000 Gross Profit Net Profit 2000 Loss per share 0 2015 2016 2017 2018 2019 -2000 -4000
Slide 16: Way Forward
WAY FORWARD The Management’s proposed “Repayment Scheme” is still work in process. The proposed plan is to sell existing units at Kotri. Some proceeds are to be used to settle re-structured loans and other short-term and long-term in 3 phases. Balance proceeds are to be injected as working capital f
Slide 17: Social Responsibility
SOCIAL RESPONSIBILITY Quetta Textile Mills Ltd. actively sponsors and participates in several welfare projects as part of its social responsibilities towards society. Some of the activities we are involved in include: Water Filtration Plant in Kotri to provide clean drinking water for the general po
Slide 18: Social Responsibility
SOCIAL RESPONSIBILITY Two Madrasq iin Police Hospital - Fiydieraload
Slide 19: Social Responsibility
Dos? Muhammed high Weater Filtration Plant SElnooll = Keir 3 = Gt Kotri & Ol- Gt Hyderabad _)RINKING WATER FILTRATION PL —-—_—-- —— “A
Slide 20: The End
THE END