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Mar 15, 2019 · Interloop has emerged as the top global supplier of hosiery after a former top Chinese exporter diverted sales to the domestic market recently. Published in The Express Tribune, March 15 th , 2019.
Mar 29, 2019 · Investor Information. Statutory Information; Financial Highlights; Financial Reports; Pattern Of Shareholding; Proxy Forms; Forms, Shareholder Notices & Announcements
Dec 3, 2023 · Comparison of the un-audited financial results for the nine months ending on March 31, 2019 as against March 31, 2018 is as follows: Financial Highlights Quarter ended March 31 Nine months ended March 31 2019 2018 2019 2018 Sales – net PKR 8,793,801,673 7,869,697,435 26,727,254,117 22,411,138,670
Apr 26, 2019 · In the process of Interloop Limited’s Initial Public Offering (IPO) at the Pakistan Stock Exchange (PSX), Book Building was completed on 13 & 14 March, 2019, oversubscribed by 30%, and by the grace of God, Interloop was able to successfully raise PKR 5.02 billion, the highest ever by a private company in the history of Pakistan, placing Interloop amongst the top 50 companies listed on ...
- FINANCIAL AND OPERATIONAL PERFORMANCE
- BUSINESS SEGMENTS
- STATEMENT ON CORPORATE AND FINANCIAL REPORTING FRAMEWORK
- Audit Committee:
- HR & Remuneration Committee:
- RELATED PARTY TRANSACTION AND TRANSFER PRICING
- ADEQUACY OF INTERNAL FINANCIAL CONTROLS
- DIRECTORS’ REMUNERATION
- EXTERNAL AUDITORS
- HEALTH, SAFETY & ENVIRONMENT
- CORPORATE SOCIAL RESPONSIBILITY
- BUSINESS RISKS, CHALLENGES AND FUTURE OUTLOOK
- ACKNOWLEDGMENT
- ;@ KRESTON
- "@ KRESTON
By the grace of God Almighty, the year has ended on a positive note for the Company with better performances both operationally as well as financially. Machinery has been added with the prime objective of reducing imbalance and inefficiencies, reducing utilities and maintenance requirements and produce additional value-added material and finished p...
The management of the Company has determined the operating segments based on the information that is presented to the Board of Directors of the Company for allocation of resources and assessment of performance. Segment performance is generally evaluated based on certain key performance indicators including business volume and gross profit. Based on...
The Directors are pleased to state that the Company is compliant with the provision of the Code of Corporate Governance as required by the Securities & Exchange Commission of Pakistan (SECP) and the Rule Book of Pakistan Stock Exchange. The Board of Direc-tors review the Company’s strategic decisions and it is committed to maintain high standards o...
Mr. Tariq Iqbal Khan (Chairman) Mr. Saeed Ahmad Jabal Mr. Jahan Zeb Khan Banth
Mr. Saeed Ahmad Jabal (Chairman) Mr. Navid Fazil Mr. Jahan Zeb Khan Banth
It is the policy of the company to ensure that all transactions entered with related parties must be at arm’s length. The Company has fully complied with best practices on Transfer Pricing as contained in the Listing Regulations of Pakistan Stock Exchange while executing all transactions with related party.
The Company has established an effective and efficient system of internal and financial controls to safeguard the assets of the Company, prevent and detect fraud and ensure compliance with all statutory and legal requirements. The internal control structure is regularly reviewed and monitored by the Internal Audit function duly established by the B...
The remuneration of the Board members is approved by the Board itself. However, in accordance with the code of corporate govern-ance, it is ensured that no Director takes part in deciding his own remuneration. The Company does not pay remuneration to non-ex-ecutive directors except fee for attending the meetings.
The present auditors’ M/s. Kreston Hyder Bhimji & Company, Chartered Accountants, are retiring and being eligible, offer themselves for re-appointment. The Board of Directors proposes the re-appointment of M/s. Kreston Hyder Bhimji & Company, Chartered Accountants, as the auditors until the next Annual General Meeting.
Health, Safety & Environment is our core value, we take pride in our practices and will ensure that we run safe operations and are not a source of environmental degradation. The health and safety of our employees, the safety of our assets, the security of our opera-tions and healthy environment always remain among the top priorities of the Company...
The company is committed towards accomplishing its Corporate Social Responsibility (CSR) and actively takes part in social work programs. During the year under review as part of CSR program, substantial contribution was made in the sectors of education, health, culture and sports.
While observing the rise in immense global competition in textiles, including speed to market requirements by retailers and brands, Company has to keep an eye on the shift in sourcing patterns. This can be effectively mitigated through efficiency improvements & interventions in supply chain, thus reducing lead times. With the present economic condi...
The Directors would like to thank all stakeholders of the Company including, customers, shareholders, vendors, government agencies, bankers & all other business associates for their continued support during the year. We place on record our appreciation for the contributions made by the employees at all levels.
KRESTON % HYDER HvorR BHIMJI BHIMJI & & CO. co CHARTERED CHARTERED ACCOUNTANTS ACCOUNTANTS Company Company satisfies satisfies its its performance performance obligation obligation by by transferring transferring the the promised promised goods goods to to customer customer under under the the contract contract with with customer. customer. Revenue...
KRESTON % ^ HYDER HYDER BHIMJ1 BHIMJI & & CO. CO CHARTERED CHARTERED ACCOUNTANTS ACCOUNTANTS resulting resulting from from error, error, as as fraud fraud may may involve involve collusion, collusion, forgery, forgery, intentional intentional misrepresentations, misrepresentations, or or the the override override of of internal internal control. co...
In March 2019, Interloop raised more than 5 billion pkr through Pakistan's largest private sector IPO, placing it amongst the top 50 companies listed on the Pakistan Stock Exchange by market capitalization. [3] [6] [7] [8]
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Mar 19, 2019 · BR Research Published March 19, 2019. The much awaited public offering of Interloop Limited, the world’s leading socks maker and exporter, yielded a strike price of Rs46.1/share, slightly above ...
