Karachi November 8 2021: This year IDEAS has bounced back with sales of PKR 21.4 billion in financial year 2021 compared to sales of PKR19.1 billion during the last year, as economic activity revives.
This depict a 12 percent increase in sales and 160 percent increase in operating profit, as compared to last year. Operating profit of Ideas increased to PKR 1.5 billion compared to PKR 576 million last year.
A L S O || R E A D
FFBL Increases DAP Price by PKR440 per bag to PKR7,850/bag
Gul Ahmed Textile Mills Limited is engaged in retail sales through chain of IDEAS retail outlets and its distribution channels.
During the previous year, Idea’s profitability had suffered because of restrictions on working days as well as working hours throughout the year.