Page 20 - InterloopAnnualReport2020

COMPANY PROFILE

Interloop Limited, launched with 10 knitting machines in 1992, has grown into one of the world’s largest Hosiery
manufacturers. A complete vertically integrated Company with state of the art Spinning, Yarn Dyeing, Knitting and Finishing
facilities; Interloop is Pakistan’s 6th largest exporting firm and the largest listed Textile Company on Pakistan Stock Exchange
by Market Capitalization.

With over 5,000 latest Italian knitting machines, 21,000+ employees and an organizational network spread across 3
continents, Interloop has the proficiency to work with different materials and the capacity to produce 700 million pairs of
Socks & Tights annually, for top international brands & retailers, spread across Europe, Asia and USA. With current annual
turnover to the tune of USD 230.5 million, Interloop is expanding its Hosiery business as well as venturing into the Apparel
segment including Denim, Knitwear & Active wear.

The total revenue for the year ended on June 30, 2020, was PKR 36,303 million with a net profit of PKR 1,796 million. The
total operating cost for materials and services for the year was PKR 23,023 million. During the year, Interloop sold 39.5 million
dozens of socks and tights, 11.2 million kgs of yarn and processed 0.846 million kgs of dyed yarn.

Total Employees as Average number of Non-Executive
on 30-06-2020 Employees during the Year Employees as on 30-06-2020
Executives Non-Executives
21,104 1,360 18,644 19,666

18