External broker reports(aggregated public sources), Topline Securities

Topline Securities

External broker reports(aggregated public sources)

Topline Securities is one of the fastest growing brokerage houses in Pakistan. It has strong equity brokerage, economic / equity research, mutual fund distribution, commodity trading and corporate finance & advisory functions. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Thematic (Sector/Industry)

<ul><li>We present profitability analysis of listed textile composite sector of Pakistan, based on a sample of 22 companies; representing 81% of the total textile sector’s market capitalization. We have filtered out companies based on a minimum market capitalization criteria of Rs1.0bn.</li><li>Pakistan textile sector’s profitability declined by 24% YoY to Rs72.6bn in FY23 primarily due to (1) increase in finance cost, (2) high cotton and energy costs and (3) global slowdown.</li><li>Sales of listed textile firms rose 15% YoY to Rs1,150bn in FY23 while in dollar terms it declined by 17% YoY mainly due to decline in textile exports.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

We present profitability analysis of listed textile composite sector of Pakistan, based on a sample of 22 companies; representing 81% of the total textile sector’s market capitalization. We have filtered out companies based on a minimum market capitalization criteria of Rs1.0bn.Pakistan textile sector’s profitability declined by 24% YoY to Rs72.6bn in FY23 primarily due to (1) increase in finance cost, (2) high cotton and energy costs and (3) global slowdown.Sales of listed textile firms rose 15% YoY to Rs1,150bn in FY23 while in dollar terms it declined by 17% YoY mainly due to decline in textile exports.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Pakistan Textile: Profits Down 24% YoY in FY23

Pakistan

Sapphire Fibres Ltd. manufactures and sells yarn, fabrics, and garments. The Company produces home textiles such as sheets, pillowcases, curtains, table covers, and aprons. Sapphire Fibres markets its products in Pakistan and elsewhere throughout the world.

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Sapphire Fibres (SFL PA)

Pakistan Textile: Profits Down 24% YoY in FY23

We present profitability analysis of listed textile composite sector of Pakistan, based on a sample of 22 companies; representing 81% of the total...

Topline Securities

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52-week Range

Market Cap (USDm)

P/E

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