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 A Gul Ahmed store in Dolmen Mall, Karachi | |
| Company type | Public |
|---|---|
| Traded as | PSX: GATM |
| Industry | Textile, Retail |
| Founded | April 1, 1953 |
| Founder | Haji Bashir Ali Mohammad |
| Headquarters | Landhi, Karachi-75160, Karachi, Pakistan |
| Area served | Worldwide |
| Products | Fabrics, bedding, yarn, apparel, accessories |
| Revenue |  Rs. 86.42 billion (US$300 million) - 2021 |
| Operating income | Rs. 8.45 billion (US$29 million) - 2021 |
| Net income | Rs. 5.13 billion (US$18 million) - 2021 |
| Total assets | Rs. 38.78 billion (US$130 million) - 2021 |
| Total equity | Rs. 18.68 billion (US$65 million) - 2021 |
| Number of employees | 7,000 |
| Parent | Gul Ahmed Group |
| Website | gulahmed |
Gul Ahmed Textile Mills Limited (Urdu: گُل احمد) is a Pakistani textile company which manufactures and sells clothing through a chain of retail outlets under the name 'Ideas by Gul Ahmed'.
History
The group dates back to pre-Partition India. Founded by a Memon family, Gul Ahmed began trading in textiles in the early 20th century.
In 1953, the group decided to enter the field of manufacturing under the name Gul Ahmed Textile Mills Limited, and was incorporated as a privately limited company.
In 1970, it was listed on the Karachi Stock Exchange, and was one of the leading composite textile houses in Pakistan.
In 2003, Gul Ahmed expanded to the retail sector and founded Ideas by Gul Ahmed retail chain. It offers a range of home textiles and furnishings for the bedroom, kitchen and bathroom, as well as men's and women's apparel. It also provides in-house monogramming, embroidery and tailor-made services.
References
- ^ "Local retail pivot helps Gul Ahmed surge". Profit by Pakistan Today. 14 November 2021.
- ^ "Gul Ahmed Annual Report 2021". gulahmed.com. 19 February 2016. Retrieved 25 March 2022.
- "Gul Ahmed plans to carve out business segments". The News International. 4 October 2016. Retrieved 21 September 2020.
- "Gul Ahmed's pivot towards retail hits a slowdown". Pakistan Today. 16 December 2019. Retrieved 21 September 2020.
- "Gul Ahmed Textile Mills Limited – a profile". Business Recorder. Retrieved 21 September 2020.
- Adil, Mamun M. (16 October 2019). "Fashioning Lifestyles". Aurora Magazine. Retrieved 21 September 2020.
External links
| Clothing retailers of Pakistan | |
|---|---|
