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Human Resouce Management

Human Resouce Management

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Published by Aamir Hayat
This study is about 100 Successful Business of Pakistan. It includes Introduction to these companies, their products, major customers, their sale& profit & loss of last five years and information about Chief Executives of these companies
This document is property of “Graduate School of Management International Islamic University Islamabad” (prepared by the students of MBA 20c)
This study is about 100 Successful Business of Pakistan. It includes Introduction to these companies, their products, major customers, their sale& profit & loss of last five years and information about Chief Executives of these companies
This document is property of “Graduate School of Management International Islamic University Islamabad” (prepared by the students of MBA 20c)

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Published by: Aamir Hayat on Feb 17, 2010
Copyright:Attribution Non-commercial

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06/18/2013

CEO Name:

Mr. Muhammad Sharrif

CEO Address:

B-6/1, Main gizri boulevard Karachi.

Education Graduation
Email ID

khioff@umergroup.com

About Him:

243

Profitability of Last fiveYears (million)

404

392

356

372

330

340

350

360

370

380

390

400

410

2005

2006

2007

2008

Years

Profit (Rsmillion)

Mr. Mohammad Sharif is Chief Executive and Chairman of the Faisal Spinning Mill Ltd. He is
serves as Director of Blessed Textile Mill and Bhanero Textile Mill Ltd

Total Compensation:

Total Annual Cash Compensation

662064

Other Long Term Compensation

297936

Total Calculated Compensation

960000

FAZAL TEXTILES MILLS LIMITED

Introduction:

Fazal Textile Mills Ltd. (FTML) is located in the city Karachi and was taken over by the Yunus Brothers
group in March 1987. Yunus Brothers took over FTML when it was a closed down unit since 1984 due
to heavy losses. The new Management of FTML took prompt and comprehensive actions to revitalize the
unit by discarding the old machinery and imported and installed the latest machinery within a year time.
Only in 4 years time FTML got positive results, and in the year 1991 the new management cleared the
deficit of previous years and got a net profit. At present total installed Spindles in FTML is 60,000.
FTML is mainly producing 100% Grey Cotton Ring Spun Yarn in both Carded and Combed for end use
of Knitting as well as Air Jet Weaving. Fazal Textile Mills Ltd is also producing wide range of Blended
and Heather (Melange) Yarns. Fazal Textile Mills Ltd today is equipped with the state of art machinery
from world's renowned Textile machinery manufacturers like Loptex Italy, Rieter Switzerland,
Schlafhorst Germany, Truetzschler Germany, Crossrol England, Skf Germany, Toyoda Japan, Murata
Japan, CTMTC China, Loepfe Switzerland etc.

Mission:

244

Fazal Textile Mills Limited through its innovative technology and effective resource management
has maintained high ethical and professional standards. The core values are its commitment, integrity,
excellence, teamwork, transparency and creativity. Fazal Textile is committed to;

•Produce quality and fault free products for its valued customers by continuous improvements,
providing proper training and development programs, upgrading of resources, setting quality
objectives by analyzing customers' feedback.

•Provide good returns and security to its shareholders. Fulfill obligation towards creditors,
employees and the society.

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