Gul Ahmed ranks as one of the leading clothing brands across Asia. Gul Ahmed not only provides fashion at a great value but also caters to various customer needs by offering a diverse product mix.
Gul Ahmed is a widely used brand that has inspired many people through its Fabric and it has gained the highest ever profit as compared to previous years with Rs. 9 Billion profits in 2021-22.
Gul Ahmed Textile Mills Limited (GATM) announced results for FY22 wherein the company declared a profit of Rs9.85 billion. The company had a Mammoth growth in profit to Rs. 9.85bn as compared to Rs. 5.16 bn in the same period last year.
GATM’s topline shows an increase of 36.37%, to Rs122bn against Rs89bn in FY21. The company’s gross profit was up by 55.32%, to Rs27.01bn against Rs17.39bn in FY21.