Equity Analysis /

Pakistan Textiles – June 2022: Record FY22 but headwinds loom

  • Pakistan’s textile exports reached USD1.7bn during Jun’22, taking FY22 textile exports to a record high of USD19.3bn

  • Exports of the value-added segment rose 8% YoY, led by the Knitwear and Garments segments. Textile imports rose 15% YoY

  • We have an Overweight stance on the sector, preferring ILP (TP PKR109/sh) and GATM (TP PKR61/sh) as our top picks

Abdul Ghani Mianoor
Intermarket Securities
20 July 2022


Tellimer | Start Following

Start following your markets today

Follow your key analysts, markets and more so they appear here in your Watchlist - allowing you to keep an eye on the latest updates.