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Fazal Textile Mills Limited (Karachi) (Pakistan)

Main Activities: Textile Mills
Full name: Fazal Textile Mills Limited Profile Updated: June 23, 2019
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Fazal Textile Mills Ltd. (FTML) is located in the city Karachi and was taken over by the Yunus Brothers group in March 1987. Yunus Brothers took over FTML when it was a closed down unit since 1984 due to heavy losses. The new Management of FTML took prompt and comprehensive actions to revitalize the unit by discarding the old machinery and imported and installed the latest machinery within a year time. Only in 4 years time FTML got positive results, and in the year 1991 the new management cleared the deficit of previous years and got a net profit. At present total installed Spindles in FTML is 60,000.
Fazal Textile Mills Ltd today is equipped with the state of art machinery from world's renowned Textile machinery manufacturers like Loptex Italy, Rieter Switzerland, Schlafhorst Germany, Truetzschler Germany, Crossrol England, Skf Germany, Toyoda Japan, Murata Japan, CTMTC China, Loepfe Switzerland etc.

Legal Address
La-2/B, Block # 21,Rashid Minhas Road,Fedral B Area
Karachi; Sindh; Postal Code: 75950

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Website: http://www.fazaltextile.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1963
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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Director / Member of the Management Board
Ownership Details
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74.6%
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4.75%
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3.69%
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3.69%
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3.68%
Subsidiaries
GADOON TEXTILE MILLS LTD.
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