Wednesday, July 17, 2024
HomeFashionGul Ahmed Records Profit of Over Rs. 9 Billion

Gul Ahmed Records Profit of Over Rs. 9 Billion

Gul Ahmed ranks among the leading clothing brands across Asia. Gul Ahmed not only provides fashion at great value, but also caters to the various needs of customers by offering a diverse range of products.

Gul Ahmed is a widely used brand that has inspired many people through its Fabric and achieved the highest profit compared to previous years with Rs. 9 billion in profits in 2021-22.

Gul Ahmed Textile Mills Limited (GATM) announced its FY22 results where the company declared a profit of Rs 9.85 billion. The company had a mammoth profit growth of Rs. 9.85 billion compared to Rs. 5.16 billion in the same period last year.

GATM’s top line shows an increase of 36.37% to Rs 122 billion from Rs 89 billion in FY21.The company’s gross profit rose 55.32% to Rs 27.01 billion from Rs 17.39 billion in FY21.

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