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Gulistan Textiles Mills Ltd
2nd Floor
Finlay House, I. I. Chundrigar
Phone: +92 212419943p:+92 212419943 KARACHI, 74000  Pakistan Ticker: GUTMGUTM
Business Summary
Gulistan Textile Mills Limited is a Pakistan-based company principally engaged in the manufacturing and sale of yarn, fabrics and other ancillary products. The Company's manufacturing units are located at Samma Satta, Tiba Sultanpur and Feroz Wattwan. The Company has over nine spinning mills with approximately 215,000 spindles and over 4,200 rotors that produce approximately 70,000 tons per year of cotton and blended yarns from 4/1 to 120/1, as well as up to over 10-plied yarns. It operates a yarn dyeing plant with a capacity of approximately 3,000 tons per year of a range of melange and dyed yarns. The Company's weaving unit has approximately 255 air jet and projectile looms that have a capacity of weaving over 40 million linear meters of greige fabric in widths ranging from 40 inches to 140 inches, and thread counts as high as 600 in single, double and four pick insertions. The Company's weaving product line includes fabrics for garments, home textiles and industrial applications.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
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Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20236/30/2023Yes----

Industries
SIC Code Description
2281 Yarn spinning mills

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board WaqarAhmed
Chief Executive, Executive Director NaseerAhmed
Chief Financial Officer, Non-Executive Director ZafarLqbal
7 additional Officers and Directors records available in full report.

General Information
Outstanding Shares: 18,983,872 (As of 3/14/2024)
Stock Exchange: PSX
Fax Number: +92 212411559


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Thursday, April 18, 2024