Textile: Pakistan Textile Sector – 2QFY25 in pictures - By JS Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">We review the 2QFY25 performance of Textile sector with our sample size of 8 companies. During 2QFY25, our sample companies reported a topline growth of 16% YoY, which along with a decline in financing cost resulted in 13% YoY jump in sector profitability off-setting a marginal dip in margins and higher effective tax rate.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Sequentially, our selected companies reported 1ppt QoQ rise in gross margins to 14% in 2QFY25, mainly led by better productmix and inventory management.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">We highlight, with decline in benchmark interest rates, the sector&rsquo;s effectiv...