Sapphire Textile Mills Limited operates within the Yarn spinning mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sapphire Textile Mills Limited with three other
companies in this sector in PAKISTAN :
Kohinoor Textile Mills Ltd.
(2020
sales of 50.85 billion Pakistan Rupees [US$316.78 million]
of which 57%
was Cement),
Nishat (Chunian) Limited
(49.58 billion Pakistan Rupees [US$308.88 million]
of which 42%
was Spinning), and
Ibrahim Fibres Limited
(47.08 billion Pakistan Rupees [US$293.30 million]
of which 100%
was Polyester Staple Fibre & Yarn).
Sales Analysis.
During the year ended June of 2020, sales at
Sapphire Textile Mills Limited were 52.97 billion Pakistan Rupees (US$329.99 million).
This
is
an
increase of 6.7%
versus 2019, when the company's sales were 49.64 billion Pakistan Rupees .
This was the fifth consecutive year of sales increases at Sapphire Textile Mills Limited
(and since 2015, sales have increased a total of 127%).
Sales of Power Generation saw an increase
that was more than double the company's growth rate: sales were up
48.7% in 2020, from
9.55 billion Pakistan Rupees to 14.20 billion Pakistan Rupees .
Not all segments of Sapphire Textile Mills Limited experienced an increase in sales in 2020:
sales of Weaving fell 2.4% to 12.59 billion Pakistan Rupees .