PREMIUM TEXTILE MILLS LTD
Ever since the inception of Premium Textile Mills Ltd. took place in 1989, the group has successfully diversified into manufacturing of Garments, Auto parts and Trading in various commodities. We employ more than 1900 people in our work force. The relentless perseverance of the formative years has been the guiding principle for the group to achieve an annual turnover in excess of Rs.6 billion.
However, the flagship company Premium Textile Mills Ltd. remains the major contributor in the brilliant standing of the group. Premium started its operations with 12,380 spindles serving only the local market in the initial years. It is now annually producing approximately 20,000,000 Kgs of yarn (based on 20/1) with 77,600 spindles. These numbers are growing every year. Currently, the company is operating in both local and international horizons and this has brought the company to a reckoned position in a competitive industry. With a commitment to invest every year in BMR, Premium is geared towards acquiring latest technologies to provide better value for money to our customers in the form of a ‘Premium’ yarn.
The company is also operating its own power generation plant to ascertain uninterrupted power supply all year round. Having served customers in the Americas, Europe, Middle East, Central Asia and Far East we have the requisite experience and feel of the customers around the world. Acquisition of latest technology coupled with stringent quality control measures have given us an edge that reflects in our quality and the portfolio of satisfied customers. Our standards of business ethics and the human capital form the assets that are revered not only throughout the organization but also in the industry. Our Mission Our mission is to manage and operate company growth and profitability without high risk for investors.
We do this by offering quality products to our customers and constantly striving to improve these products to meet customer needs. This also allows us to prosper as a business and provide a stable and secure income to our valuable employees and reasonable returns to our shareholders; the owners of our business. Our Vision The future of the textile industry will be characterized by tough competition. In this future, we will be constrained of capacity utilization, tough/sluggish markets and rising costs. But, we will strive hard to become profitable and thus create value for our shareholders.
We shall continue as a successful company by stressing on value addition, improved quality and close liaisons with our customers.