Arctic Textile Mills Limited · PSX:ARCTM

Arctic Textile Mills — Khurshid Spinning Mills — Investor Presentation (November 2019)

16 slides from Arctic Textile Mills's investor presentation, Nov 26, 2019

  1. Slide 1: Corporate Briefing

    KHURSHID SPINNING MILLS LIMITED CORPORATE BRIEFING Held on: November 26, 2019

  2. Slide 2: Table of Contents

    TABLE OF CONTENTS  BRIEF ACCOUNT OF THE COMPANY  THE BOARD  SCOPE OF BUSINESS  FINANCIAL PERFORMANCE  FUTURE PROSPECTS  QUESTIONS & ANSWERS

  3. Slide 3: Brief Account of the Company

    BRIEF ACCOUNT OF THE COMPANY

  4. Slide 4: Brief Account of the Company

    BRIEF ACCOUNT OF THE COMPANY  The company incorporated as on 27 February 1986.  Converted into a public limited company on 21 October 1989.  Listed on The Stock Exchanges of Pakistan on 21 October 1989.  Registered office is located at 133-134, Regency the Mall, Faisalabad.  The company’s comme

  5. Slide 5: Head Office and Manufacturing Facility

    Head Office: 133-134 Regency The Mall, Faisalabad. + 92 41 2610027, 2610028, 2610030 Manufacturing facility: 35 Kilometer, Sheikhupura Road, Faisalabad. +92 41 4689246

  6. Slide 6: The Board

    THE BOARD

  7. Slide 7: The Board of Directors

    THE BOARD OF DIRECTORS’ Mr. Muhammad Ashraf Mr. Muhammad Shahbaz Ali Chairman, Independent Director Executive Director Chairman H.R & Remuneration Committee & also Member of Audit Committee Mr. Muhammad Iqbal Mr. Faseeh Uzman Chief Executive Officer, Independent Director Executive Director Member H.

  8. Slide 8: Scope of Business

    SCOPE OF BUSINESS

  9. Slide 9: Scope of Business

    SCOPE OF BUSINESS Manufacturing of Various Types Spinning Yarns  Accrue Yarn  Melange yarn “the yarn which is produced with various combinations of raw white & dyed cottons or dyed fibers”  Twisting / Doubling of yarn

  10. Slide 10: Financial Performance

    FINANCIAL PERFORMANCE

  11. Slide 11: Major Points

    MAJOR POINTS  There has been no production operation since October 2011 due to heavy accumulated losses, overdue debts and non-availability of working capital.  The Company has continued its operations on lease which were given to M/s Beacon Impex (Pvt.) Limited (BIPL) at monthly lease rent from M

  12. Slide 12: Key Operating and Financial Data

    KEY OPERATING AND FINANCIAL DATA 2019 2018 2017 2016 2015 -----------------------------------(RUPEES IN THOUSAND)----------------------------------- Summary of Statement of Profit or Loss (Loss) / profit before taxation (22,408) (4,351) (2,286) (23,999) (36,144) Taxation 7,953 1,076 2,202 3,378 6,62

  13. Slide 13: Future Prospects

    FUTURE PROSPECTS

  14. Slide 14: Future Prospects

    FUTURE PROSPECTS • The Company has entered into yarn processing arrangement with the client due to which revenue and profitability of the Company will increase significantly. • The accumulated losses will reduce in the near future and current ratio will also improve. • By generating profits, the Com

  15. Slide 15: Question & Answer

    QUESTION & ANSWER

  16. Slide 16: Thank You

    THANK YOU

Khurshid Spinning Mills — Investor Presentation (November 2019) on 6ix