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The Crescent Textile Mills Limited (Pakistan)

Main Activities: Fabric Mills
Full name: The Crescent Textile Mills Limited Profile Updated: September 24, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The foundation stone of The Crescent Textile Mills Ltd was laid by Mr Muhammad Shafi on May 01, 1950. Under his leadership Crestex, in1956, started exporting majority of its products to USA, Europe, Middle East, and Japan. After the demise of Mr. Muhammad Shafi, Mr. Muhammad Anwar and Mr. Nasir Shafi took over the charge of Crestex as CEO and DCEO respectively.

Progressive and futuristic approach of Mr. Muhammad Anwar and Mr. Nasir Shafi enabled Crestex to become the 1st composite textile company of Pakistan which received the ISO 9002 certification on July 07, 1997. Crestex has also been awarded “Oeko-Tex Standard 100” certification, President of Pakistan Export Trophy for three consecutive years in mid 90s, the Highest Sale of Yarn and Cloth award in 1987-88, 1993-94 and 1994-95, and highest sales of the home textiles award in 2008.The enormous contributions of Mr. Muhammad Anwar toward textile industry has been acknowledged by Pakistan Federation of Chambers of Commerce and Industry in the form of most prestigious award “Businessman of the year” in 1987-88, 1993-94, 1994-95.

Headquarters
Sargodha Road
Faisalabad; Sindh;

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Website: http://www.crescenttextile.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1950
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
Ownership Details
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44.47%
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21.14%
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3.06%
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2.11%
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2.06%
Company Performance
Financial values in the chart are available after The Crescent Textile Mills Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PKR. Absolute financial data is included in the purchased report.
Net sales revenue
31.97%
Total operating revenue
28.88%
Operating profit (EBIT)
-62.09%
EBITDA
-49.21%
Net Profit (Loss) for the Period
N/A
Total assets
6.49%
Total equity
8.79%
Operating Profit Margin (ROS)
-6.8%
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
-9.07%
Quick Ratio
-0.02%
Cash Ratio
0.02%

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