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Gul Ahmed Textile Company Overview

This document provides an overview of Gul Ahmad, a textile company based in Pakistan. It discusses the company's history dating back to the early 1900s, its vision, mission and values. Financial information from 2011-2012 is presented, including assets, profits, sales, equity growth and products offered. The document also provides background information on France, including its history, demographics, economy, currency, GDP, ease of starting a business and registering property.

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Jessica Gibbs
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0% found this document useful (0 votes)
6 views6 pages

Gul Ahmed Textile Company Overview

This document provides an overview of Gul Ahmad, a textile company based in Pakistan. It discusses the company's history dating back to the early 1900s, its vision, mission and values. Financial information from 2011-2012 is presented, including assets, profits, sales, equity growth and products offered. The document also provides background information on France, including its history, demographics, economy, currency, GDP, ease of starting a business and registering property.

Uploaded by

Jessica Gibbs
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd

Gul Ahmad

Company Overview The story of textiles in the subcontinent is the story of Gul Ahmed. The group began trading in textiles in the early 1900s. The group entered in the field of manufacturing with the establishment of today's iconic name of Gul Ahmed Textile Mills Ltd in the year 1953. Since its listing on the Karachi Stock Exchange in 1970, the company has been making rapid progress and enjoying a leading position in the world of textiles. Gul Ahmed is playing a vital role not only as a textile giant, but has its strong presence in the retail business as well. The opening of its flagship store Ideas by Gul Ahmed marked the group's entry into the retail business. Starting from Karachi, Gul Ahmed now has an extensive chain of more than 40 retail stores across the country, offering a diverse range of products from home accessories to fashion clothing.

Vision
Setting trends globally in the textile industry. Responsibly delivering products and services to our partners.

Mission:
To deliver value to our partners through innovative technology and teamwork. Fulfilling our social and environmental responsibilities.

Values:
Integrity Passion Creativity Teamwork

Financial Information
Asets 2011: (%) Property plant and integible asests were 32.80 Long term investment were 0.29 Long term loans and advance deposits were 0.18 Current assets were 66.73 Asets 2012: (%) Property plant and integible asests were 38.69 Long term investment were 0.33 Long term loans and advance deposits were 0.29 Current assets were 60.69 Fixxed asset growth: ( in million) In 2011 it was above 65,000 In 2012 it was 70,000 Loss Profit After Tax In 2011 it was above 1200 In 2012 it was -200 Sales Groth In 2011 it was 28000 In 2012 it was 25000 Local and Export sales In 2011 it was 17000 In 2012 it was 14000 Equity Groth In 2011 it was 5000 In 2012 it was 4500 Break Up Value Per share in Rs In 2011 it was 37.12 In 2012 it was 35.23 Products Of GulAhmed

Bedding Quilt Covers Cushion Covers Mix Collection Bed Sheets Fall winter Collection Bedding Ladies Men Garments Fashion Accessories Slippers Scarves Box Ties Gman Ties Without Cufflink Gents Chairman Cotton silk Embroidered Estillo Melange fabric Poplin Stain guard Tana Bana

FRANCE
History Of France
France is an independent nation in Western Europe and the center of a large overseas administration. It is the third-largest European nation (after Russia and Ukraine).In ancient times France was part of the Celtic territory known as Gaul or Gallia. Its present name is derived from the Latin Francia, meaning "country of the Franks," a Germanic people who conquered the area during the 5th century, at the time of the fall of the Western Roman Empire. It became a separate country in the 9th century.

Profile of France
Language
The language which is used in France is French

Population
The last census into the total population of France was carried out in 2011 and the total figure for the country was declared at 65,821,885.

Economy
It is ranked as the world's fifth largest and Europe's second largest economy by nominal GDP. France ranks world's 4th and Europe's 1st in the Fortune Global 500. According to the World Trade Organization (WTO), in 2009 France was the world's sixth-largest exporter and the fourth-largest importer of manufactured goods

Currency
Euro, CFP franc

Income category
High income

GDP:
2009 $34,800 2010 $35,200 2011 $35,600

GNI per capita (US$)


42,420

Starting a Business
Measures the ease of starting a business in an economy by recording all procedures officially required or commonly done in practice by an entrepreneur to start up and formally operate an industrial or commercial businessas well as the time and cost required to complete these procedures. It also records the paid-in minimum capital that companies must deposit before registration (or within 3 months). The ranking on the ease of starting a business is the simple average of the percentile rankings on the 4 component indicators: procedures, time, cost and paid-in minimum capital requirement. France stands at 27 in the ranking of 185 economies on the ease of starting a business .The ranking for comparator economies and the regional average ranking provide other useful information for assessing how easy it is for an entrepreneur in France to start a business. Starting a business in FRANCE there requires 5 procedures, takes 7 days, costs 0.9% of income per capita and requires paid-in minimum capital of 0.0% of income per capita

Labor Market
The French GDP per capita is similar to the GDP per capita of other comparable European countries such as Germany and the United Kingdom. France has one of the lowest 1564 years employment rates of the oecd countries: in 2004, only 69% of the French population aged 1564 years were in employment, compared to 80% in japan, 79% in the UK, 77% in the us, and 71% in Germany. the employment rate of people aged 5564 was 38.3% in 2007, for the 1524 years old, the employment rate was 31.5% in 2007these low employment rates are explained by the high minimum wages which prevent low productivity workers such as young people from easily entering the labour market. the unemployment rate increased from 7.4% in 2008 to 9.3% in 2010 and 9.1% in 2011.

Registering Property:
According to the records the full sequence of procedures necessary for a business to purchase property from another business and transfer the property title to the buyers name. The transaction is considered complete when it is opposable to third parties and when the buyer can use the property, use it as collateral for a bank loan or resell it. The ranking on the ease of registering property is the simple average of the percentile rankings on its component indicators: procedures, time and cost. According to data collected by Doing Business, registering property there requires 8 procedures, takes 59 days and costs 6.1% of the property value. Globally, France stands at 146 in the ranking of 185 economies on the ease of registering property.

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