Home / Knowledge / News / Textiles / Amtex targets $250mn through exports
Amtex targets $250mn through exports
18
Feb '10
Amtex Pvt Ltd. has set a target to bring in US $250 million of revenue through exports, informed Mr. Khuram Iftikhar, Chief Executive Officer (CEO) of the company, while addressing a road-show conducted in Lahore. Company's per share price is fixed at Rs.13, while its price under the book value is relatively higher, he added.

He said that the industrial sector of the country is expected to perform well in future, on account of which exports of the country would see escalation. Economy of the country and the stock market would also attain heights in future, expected Mr. Iftikhar.

Textile industry and value-added textile industry of the country have vast export potential that needs to be exploited, he added.

Textile sector has 60 percent share in overall exports of the country, despite terrorist attacks and improper law and orders. Pakistani goods have become 12 to 15 percent cheaper than those of the competitor countries like China and India, after the devaluation of the local currency, he informed.

Further he pointed that the major companies could reap more, if the exporters prefer direct sale. As the exporters deal through middlemen instead of the consumers, their profit margin is very low.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 24th Apr 2017

ColDesi launches latest direct to garment printer

ColDesi, a pioneer in the direct to garment printer business, has...

Textiles | On 24th Apr 2017

US’ textile manufacturers applaud Buy American order

US' National Council of Textile Organisations has favoured President...

Courtesy: Under Armour

Apparel/Garments | On 24th Apr 2017

Wichita varsity names Under Armour as official outfitter

Beginning from July 1, 2017, marketer of performance footwear,...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search