Gadoon Textile Mills Limited Reports Earnings Results for the Second Quarter Ended December 31, 2020

Gadoon Textile Mills Limited is engaged in manufacturing and sale of yarn and knitted bedding products and production and sale of milk. It processes all types of cotton and manmade fibers, operating manufacturing plants in Karachi, (Sindh) and Amazai (KPK). The Company operates through three segments: Spinning, Manufacturing, and Unallocated. Spinning segment is engaged in manufacturing and sale of yarn. Manufacturing segment is engaged in manufacturing and sale of knitted bedding products. Unallocated segments include production and sale of milk. It has spinning unit in Pakistan with capacity around 370,000 spindles. It offers a diverse product portfolio include yarns and knitted bedding products. Its yarn products include 100% grey cotton ring spun yarn, compact yarn, core spun yarn, fancy yarn, man-made/cellulose yarn, melange/heather grey yarn, multi count yarn, multi slub yarn, murata jet spun yarn, open-end yarn, poly/cotton yarn, siro yarn, slub core spun yarn, and others.