Sybly Industries secured orders worth Rs100 million for its Polyester Yarn and branded thread products. According to order book of the company it secured orders of Rs350 million for the first half of this financial year at a growth rate of 40 percent over the previous year.
Company's output increased by 25 percent and cost reduced by 20 percent after successful completion of first phase of expansion and upgradation of its machinery.
The second phase of expansion is in progress and will be completed by December 2007.
Company's branded products 'Dagger' & 'Sybdura Poly' played an important role in increase of quarterly profits by 42 percent and 40 percent rise in sales.