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Cordoba Logistics & Ventures Limited (Pakistan)

Main Activities: Process, Physical Distribution, and Logistics Consulting Services
Full name: Cordoba Logistics & Ventures Limited Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Cordoba Logistics & Ventures Limited, formerly known as Mian Textile Industries Limited, is a public limited company incorporated in Lahore, Pakistan on December 01, 1986. The company's shares are quoted on the Pakistan Stock Exchange. Cordoba Logistics & Ventures Limited is primarily engaged in the business of logistics and other ventures. The company changed its business focus after the acquisition of 70% of its paid-up share capital by Mr. Danish Elahi on April 22, 2021. In an extraordinary general meeting held on June 30, 2021, the shareholders approved the amendment of the company's Memorandum of Association to adopt logistics and other ventures as its principal line of business. The company's name was subsequently changed to Cordoba Logistics & Ventures Limited on August 9, 2021, following approval from the Securities & Exchange Commission of Pakistan. The registered office of the company is located at Office No. 420, 4th Floor, Eden Towers, Main Boulevard, Gulberg III, Lahore. Cordoba Logistics & Ventures Limited has sold off its entire fixed assets and does not have any manufacturing units. The company is classified as a large-sized entity according to the directives of the Institute of Chartered Accountants of Pakistan (ICAP), regulations of the Securities & Exchange Commission of Pakistan (SECP), and the Companies Act, 2017.

Headquarters
Office No. 420, 4Th Floor, Eden Towers, Main Boulevard, Gulberg Iii
Lahore; Punjab;

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Website: http://www.miantextile.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1986
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
Ownership Details
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72.6%
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18.9%
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7.12%
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0.7%
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0.38%
Subsidiaries
Cordoba Leasing Limited
100%
Company Performance
Financial values in the chart are available after Cordoba Logistics & Ventures Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PKR. Absolute financial data is included in the purchased report.
Net sales revenue
722.87%
Total operating revenue
722.55%
Operating profit (EBIT)
1088.98%
EBITDA
2418.82%
Net Profit (Loss) for the Period
409.12%
Total assets
115.88%
Total equity
13.71%
Operating Profit Margin (ROS)
14.49%
Net Profit Margin
-18.83%
Return on Equity (ROE)
5.82%
Debt to Equity Ratio
73.47%
Quick Ratio
-17.36%
Cash Ratio
-16.62%

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