Hafiz Limited

(Previously Known As Hafiz Textile Mills Limited)

since 1951

COMPANY BRIEFING

  • Incorporated and Listed as HAFIZ TEXTILE MILLS LTD at Karachi Stock Exchange in 1951.
    • Undertaking Textile composite business from Ginning to Dying and Bleaching.
  • As of unstable economic scenario, company suffered issues in operations.
    • Ultimately change nature of business in 2013.

STRATEGIC AND OPERATIONAL DEVELOPMENT

  • As in 2013, management decided to change nature of business from Textile to Warehouse management in an effort to sustain as limited company
    • Name changed to HAFIZ LIMITED
    • Since than, Company is still in process to adopt any feasible options to move into its generic business.
  • Fortunately, since change of nature of business, co continuously paying dividends till date.
  • Ultimately, working to operate as an industrial unit

FINANCIAL POSITION

FUTURE OUTLOOK

  • Hafiz Limited is continuously working in analyzing and explore the other feasible options to move on as an industrial units
  • Various options are in consideration like
    • Information Technology,
    • Tourism, etc
  • All these options Hafiz is considering, totally rely on economic stability and sustainability.

QUESTION and ANSWER SESSION

THANKING YOU!

On Behalf of Board of Directors of

HAFIZ LIMITED

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Hafiz Ltd. published this content on 24 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2023 10:21:12 UTC.