International Knitwear : Corporate Briefing Session - 2023
November 17, 2023 at 02:32 am
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International
Knitwear Limited
For the Year Ended
June 30,2023
November 24 ,2023
International Knitwear Limited
Table of Contents:
Company Introduction.
Company's Operation.
Financial Results and Highlights.
Future Challenges.
Q&A Session.
International Knitwear Limited
HISTORY
International Knitwear Limited (INKL) the Company was incorporated in Pakistan as an unlisted public limited company on 21 May 1990.
It was listed on the Karachi and Islamabad Stock Exchange Limited in 1994.
COMPANY'S OPERATIONS
We are leaders in creating, developing and manufacturing knitted and woven apparel products right from basic to highly fashioned garments. We are engaged in the export & Local of quality garments. We have established a name of credentials owing to the projected commitments, working speed and quality practices.
3
International Knitwear Limited
Sales Revenue
(Rs in 000)
700,000
670,262
600,000
611,489
537,457
488,090
500,000 451,098
400,000
300,000
200,000
100,000
-
2019
2020
2021
2022
2023
4
International Knitwear Limited
Sales Revenue (Export & Local)
(Rs in 000)
700,000
600,000
500,000
393,067
327,487
76,107
214,190
400,000
249,891
300,000
200,000
374,991
323,267
277,195
284,002
238,199
100,000
-
2019
2020
EXPORT2021LOCAL
2022
2023
5
International Knitwear Limited
Amount in Rs.
2023
2022
Net Sales
611,489,441
670,262,761
Cost of Sales
(530,783,728)
(610,521,595)
Gross Profit
80,705,713
59,741,166
Administrative and selling expenses
(33,568,777)
(24,677,539)
Operating profit
47,136,936
35,063,627
Other charges
(2,748,506)
(2,044,462)
Other income
5,575,296
8,978,689
Financial charges
(12,832,766)
(14,412,440)
Profit before tax
37,130,960
27,585,414
Taxation
(15,057,055)
(5,500,681)
Profit after Taxation
22,073,905
22,084,733
EPS
2.28
2.28
International Knitwear Limited
Profit/(loss) after tax
(RS in 000)
25,000
22,084
22,073
20,000
15,000
10,000
10,237
7,735
5,000
-
(50)
2019
2020
2021
2022
2023
(5,000)
International Knitwear Limited
2023
2022
2021
2020
2019
Turnover
611,489
670,262
488,090
537,457
451,098
PBT
37,130
27,585
6,620
16,865
14,748
PAT
22,073
22,084
(50)
7,735
10,237
EPS
2.28
2.28
(0.01)
0.80
1.06
Cash
10%
7.5%
0%
5%
5%
Dividend %
8
International Knitwear Limited
2023
2022
Non-Current Assets
83,231
77,041
Current Assets
251,376
339,017
TOTAL ASSETS
334,608
416,058
SHARE CAPITAL & RESERVES
158,306
143,914
Non-Current Liabilities
-
642
Current Liabilities
176,301
271,502
TOTAL LIABILITIES
176,301
272,144
TOTAL EQUITY AND
334,608
416,058
LIABILITIES
9
International Knitwear Limited
Capital Expenditure Incurred in Last 5 Years (Rs in 000)
30,000
26,081
25,000
20,000
15,000
10,499
8,467
10,612
10,000
5,000
1,723
-
2019
2020
2023
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International Knitwear Ltd. published this content on 17 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 November 2023 07:31:00 UTC.
International Knitwear Limited is a Pakistan-based company that is engaged in creating, developing and manufacturing knitted and woven apparel products. The Company is also engaged in the export of garments. Its product categories include men's wear, ladies' wear and children's wear. Its men's wear products include polo shirts, sweatshirts, pullovers, trousers, zippers and t-shirts. Its ladies' wear products include polo shirts, long sleeves, tops, pullovers, shorts and t-shirts. The Company's children's wear products include sweatshirts, hooded jackets and t-shirts. It has a presence in various countries, such as Belgium, Canada, France, Germany, Kuwait, Switzerland, the United Kingdom, the United States.
INTERNATIONAL KNITWEAR LIMITED 
