Prosperity Weaving Mills Ltd (Pakistan)

Prosperity Weaving Mills Ltd is a textile manufacturing company located in Lahore, Pakistan. It is a part of Nagina Group, which was founded on May 16th, 1967 with the incorporation of Nagina Cotton Mills Limited. The group has expanded its operations in textile manufacturing and diversified into other sectors. Prosperity Weaving Mills Ltd has a textile manufacturing capacity of 100,956 spindles and 340 air jet looms. The company has a steady growth strategy and a commitment to quality, which has earned them a family of satisfied customers, hardworking employees, appreciative shareholders, and the confidence of the banking community. Nagina Group, including Prosperity Weaving Mills Ltd, generates an annual turnover of over 180 million US dollars. The group has a skilled and knowledgeable management team capable of understanding and responding to customer needs in record time. Prosperity Weaving Mills Ltd is one of the three publicly listed companies of Nagina Group on the Karachi Stock Exchange and employs over 3,500 employees. In 2003, Nagina Group was recognized by Forbes Magazine as one of the best 200 international companies with an annual turnover of under a billion US dollars.