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Home Business

Interloop Records Exports Worth $453 Million in FY22

by News Publishing
July 4, 2022
in Business, Main
Reading Time: 1 min read
0
Interloop Records Exports Worth $453 Million in FY22
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Interloop Limited, the largest hosiery producer in Pakistan, has announced record monthly export sales of $53 million in June.

The total export sales for the fiscal year 2021-22 (FY22) now stand at $453 million. This is a significant achievement for Interloop Limited and a testament to the hard work of its employees.

Navid Fazil, Founding Director and Chief Executive Officer (CEO) of Interloop Limited, said that the company is proud to be able to contribute to Pakistan’s foreign currency reserves. He added that the Interloop team is excited to have

As we move into the new year, we remain committed to our vision for 2025. Despite challenges on the international and local fronts, we are grateful for God’s kindness and the hard work of our team at Interloop.

This has allowed us to achieve strong growth, with a profit-after-tax (PAT) of Rs6.99 billion for 9MFY22, representing an increase of 52 percent from the Rs. 4.60 billion earned in the corresponding period of the last fiscal year.

Our net sales have also grown by around 56 percent year-on-year (YoY) to reach Rs. 60.

Tags: export salesInterloop Limitedlatestprofit-after-tax

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