The largest hosiery manufacturer in Pakistan, Interloop Limited, reported record monthly export sales of $53 million in June.
For the fiscal year 2021–2022 (FY22), total export sales now amount to $453 million. This is a noteworthy accomplishment for Interloop Limited and evidence of the dedication of its staff.
Interloop Limited’s founding director and CEO, Navid Fazil, expressed the company’s pride in being able to add to Pakistan’s foreign exchange reserves. The Interloop team is thrilled to welcome, he continued,
We are still committed to achieving our 2025 objective as we enter a new year. Despite difficulties on the national and international levels, we are appreciative of God’s generosity and the dedication of the Interloop team.
With a profit-after-tax (PAT) of Rs. 6.99 billion for 9MFY22, up 52% from the Rs. 4.60 billion earned during the same period of the previous fiscal year, this has enabled us to experience excellent growth.
Additionally, our net sales have increased by almost 56% year over year.