Saturday, November 16, 2024

Interloop Records Exports Worth $453 Million in FY22

The biggest hosiery producer in Pakistan, Interloop Limited, has announced monthly export sales of $53 million recorded in June.

As per the fiscal year 2021-22(FY22), total export sales now stand at $453 million. It is an important achievement for Interloop Limited and a testimony to the hard work of its employees.

Founding Director and Chief Executive Officer (CEO) of Interloop Limited, Navid Fazil said that the firm is glad to be the part of Pakistan’s foreign currency reserves.

Moreover he added, by the grace of Allah and the hard work of Interloop team, we are committed to the vision for 2025. In spite of challenges in the international and local fronts.

Interloop is moving forward with a profit after tax (PAT) of Rs 6.99 billion for 9M against fiscal year 22, showing a growth of 52% from Rs 4.60 billion earned in previous fiscal year.

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