Commercial Credit Report for Gul Ahmed Textile Mills Limited

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	Gul Ahmed Textile Mills Limited
Plot No.H-7
Landhi Industrial, Area, Landhi,
Phone: +92 2135019802p:+92 2135019802	KARACHI, 75120 Pakistan	Ticker: GATMGATM

Business Summary

Gul Ahmed Textile Mills Limited is a Pakistan-based company engaged in the manufacture and sale of textile products. Its segments include Spinning, Apparel, Home Textile, and Others. The Spinning segment is engaged in the production of different qualities of yarn using both natural and artificial fibers. The Apparel segment is engaged in the processing of different types of woven and knitted garments. The Home Textile segment is engaged in the production of different types and qualities of products falling under the definition of home textile. The Others segment is engaged in weaving, fiber bleaching, knitting, yarn dyeing and dyed yarn fabric, among others. It exports yarn to a multitude of countries across the globe, including China, various Asian nations, the Middle East, and Europe. It manufactures a range of yarn qualities, encompassing carded, compact siro, fancy, and others. Its fabric portfolio encompasses plain fabric, sheeting fabric, poplin, canvas, oxford, and others.

(Source: F-4)

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
Yes	Yes	-	Yes	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
12/31/2023	6/30/2023	Yes	-	-	-	-

Industries

SIC Code	Description
2211	Broadwoven fabric mills, cotton
2281	Yarn spinning mills

Officers and Directors

Title	Name	Title Date	Start Date
Non-Executive Chairman of the Board	MohomadBashir	4/1/2014	1/1/2003
Chief Executive, Executive Director	Mohammad ZakiBashir	4/1/2023
Executive Vice Chairman of the Board	ZainBashir	1/1/2013	1/1/2013
6 additional Officers and Directors records available in full report.

Business Names

Business Name
GATM
GTM (Europe) Limited
GTM USA Corp.
Gul Ahmed International Limited

General Information

Number of Employees:	18,059	(As of 6/30/2023)
Outstanding Shares:	740,059,458	(As of 12/31/2023)
Shareholders:	7,394
Stock Exchange:	PSX
Fax Number:	+92 2135018838

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