Zephyr Textiles Limited Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2018
April 26, 2018
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Zephyr Textiles Limited reported earnings results for the third quarter and nine months ended March 31, 2018. For the nine months, the company reported sales of PKR 2,809,169,001 against PKR 2,617,255,479 a year ago. Operating profit was PKR 176,135,818 against PKR 156,930,208 a year ago. Profit before tax was PKR 52,648,966 against PKR 66,865,551 a year ago. Profit after tax was PKR 28,014,270 or PKR 0.47 per share against PKR 50,303,583 or PKR 0.85 per share a year ago.
For the quarter, the company reported sales of PKR 1,135,426,196 against PKR 906,024,312 a year ago. Operating profit was PKR 95,191,152 against PKR 55,776,982 a year ago. Profit before tax was PKR 65,813,617 against PKR 27,644,144 a year ago. Profit after tax was PKR 55,153,510 or PKR 0.93 per share against PKR 21,856,483 or PKR 0.37 per share a year ago.
Zephyr Textiles Limited is a Pakistan-based company, which is principally engaged in the manufacturing, dying and trading of woven cloth, which also includes towels. The Companyâs collections include winter collection, blended collection, cotton collection, dobby design collection and kurta collection. Its fabrics are offered in a range of colors and textures. The Companyâs cotton collections include Nafees Cotton, Silver Leaf, Forever, Aragon, Mustang, Oaktree, Desire, Cool Cotton, Apollo, Prime, Allure, Cyrus, Zeus, Coral and others. The Company's blended collections include Moonmist, Blaze, Andaz, Magnum, Optima, Supreme, Calico and Emperor. The Companyâs kurta collections include Rainbow, Festive Collection and Tuscany. Its dobby design collection includes Iconic, Onyx and Atlas. Its winter collections include Falcon, Monoco, Marvel and others.