Abstract:
Today,
Pakistan and it exports around 55% out oftotal export ofPakistan. The textile sector ofPakistan
extensive range of economic activities including employment generationfor both rural
and urban sector. In thisproject,first we analyzed thefinancialperformance ofPakistan textile
industry on the basis ofthree topplayers such as Gul Ahmed Textile Mills Limited, Nishat Mills
Limited and Kohinoor Textile Mills Limited by usingfourtypes offinancial indicators (Liquidity
covers an
Ratio, Profitability ratio, Activity Ratio and Investment Ratio). Second, we make comparison
between thefinancialperformances ofthree topplayers ofPakistan s textile industryforthe
ofevaluating theirperformance individually by using horizontal and vertical analysis of
financialstatements. Third is to interpret that which company is contributing more in the growth
oftextile sector and how much every year growth ofPakistan’s textile industry increase or
decrease on average. Fourth is to give recommendations or any solutions related to how to
enhance the growth or how to improve thefinancialperformance ofPakistan's textile industry.
