Products Textiles (Knitwear) Revenue 27 billion PKR | Traded as MSOT:KAR Key people Mr. Shahid Nazir (CEO) Number of employees 23,000 | |
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Website www.masoodtextile.com/index.php |
Masood textile mills
Masood Textile Mills (MTM) is a vertically-integrated textile manufacturing company based out of Faisalabad, Pakistan with in-house yarn, knitting, fabric dyeing, processing, laundry and apparel manufacturing facilities. MTM is publicly listed on the Pakistan Stock Exchange. It is currently the largest knit-wear manufacturer and exporter in Pakistan.
In 2014 it posted a pre-tax profit of Rs 1.1 billion, which was 13% higher than its pre-tax earnings in the preceding year. Shanghai Challenge Textile Company acquired 24.3% shares in Masood Textile Mills in a privately negotiated deal.
References
Masood Textile Mills Wikipedia(Text) CC BY-SA