Azgard Nine Limited operates in the Yarn spinning mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Azgard Nine Limited with three other
companies in this sector in Pakistan:
J K Spinning Mills Ltd
sales of 8.29 billion Pakistan Rupees [US$78.66 million]
Faisal Spinning Mills Limited
(9.28 billion Pakistan Rupees [US$88.09 million]
Mahmood Textile Mills Limited
(13.66 billion Pakistan Rupees [US$129.67 million]
Azgard Nine Limited reported sales of 13.18 billion Pakistan Rupees (US$125.04 million)
June of 2016.
increase of 23.1%
versus 2015, when the company's sales were 10.70 billion Pakistan Rupees.
Despite this increase, sales are still
below the level achieved in 2014, when Azgard Nine Limited
reported sales of 13.82 billion Pakistan Rupees.
Sales of Weaving Segment saw an increase
that was more than double the company's growth rate: sales were up
49.7% in 2016, from
5.11 billion Pakistan Rupees to 7.65 billion Pakistan Rupees.
Azgard Nine Limited also saw significant increases in sales in
Spinning Segment (up 43.0% to 1.69 billion Pakistan Rupees)
Not all segments of Azgard Nine Limited experienced an increase in sales in 2016:
sales of Garment Segment fell 13.0% to 3.84 billion Pakistan Rupees.