Reliance Weaving Mills Ltd 2021 AR2
The report details the financial and operational performance of Reliance Weaving Mills Limited for the fiscal year ended June 30, 2021. The company achieved its highest-ever net profit of Rs. 1,733 million, a significant increase from Rs. 61 million in the previous year, with sales rising by 39% to Rs. 24,030 million. To support future growth, the company initiated capacity expansions, including importing 46 air jet looms and establishing a new fine cotton yarn mill with 25,520 spindles. On the sustainability front, the company donated approximately Rs. 29 million to charitable causes, focusing on healthcare and education through the Mukhtar A. Sheikh Welfare Trust, while maintaining high standards of health, safety, and environmental protection across its manufacturing units.
Company: Reliance Weaving Mills Ltd
Sector: Manufacturing
Country: Pakistan
Year: 2021
Type: AR2
Pages: 148
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Reliance Weaving Mills Ltd
Annual Report
The report details the financial and operational performance of Reliance Weaving Mills Limited for the fiscal year ended June 30, 2021. The company achieved its highest-ever net profit of Rs. 1,733 million, a significant increase from Rs. 61 million in the previous year, with sales rising by 39% to Rs. 24,030 million. To support future growth, the company initiated capacity expansions, including importing 46 air jet looms and establishing a new fine cotton yarn mill with 25,520 spindles. On the sustainability front, the company donated approximately Rs. 29 million to charitable causes, focusing on healthcare and education through the Mukhtar A. Sheikh Welfare Trust, while maintaining high standards of health, safety, and environmental protection across its manufacturing units.
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Document Details
Report Year
2021
Reporting Period
Jul 1, 2020 - Jun 30, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees