Mahmood Textile Mills Ltd 2023 AR2
The report highlights Mahmood Textile Mills Limited's financial and operational performance for the fiscal year ended June 30, 2023, despite challenging economic conditions in Pakistan. The company achieved net sales of Rs. 54.63 billion, representing a 33% increase from the previous year, though net profits declined to Rs. 1.20 billion due to rising borrowing and raw material costs. On the sustainability front, the company is a pioneer in the Net Zero Pakistan Coalition, aiming for net-zero emissions by 2050, and has installed 23 MW of solar capacity. Additionally, Mahmood Group engaged in social development initiatives, including educational collaborations with the Care Foundation and community healthcare programs.
Company: Mahmood Textile Mills Ltd
Sector: Manufacturing
Country: Pakistan
Year: 2023
Type: AR2
Pages: 106
Back to company
Mahmood Textile Mills Ltd
Annual Report
The report highlights Mahmood Textile Mills Limited's financial and operational performance for the fiscal year ended June 30, 2023, despite challenging economic conditions in Pakistan. The company achieved net sales of Rs. 54.63 billion, representing a 33% increase from the previous year, though net profits declined to Rs. 1.20 billion due to rising borrowing and raw material costs. On the sustainability front, the company is a pioneer in the Net Zero Pakistan Coalition, aiming for net-zero emissions by 2050, and has installed 23 MW of solar capacity. Additionally, Mahmood Group engaged in social development initiatives, including educational collaborations with the Care Foundation and community healthcare programs.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2023
Reporting Period
Jul 1, 2022 - Jun 30, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Net Zero Target
Employees