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Nishat Mills Ltd
1
Ownership
- Directors, CEO, their spouses and minor childer have 25.22% shares
- Chief Executive Officer:Mian Umer Mansha
- Chairman:Mian Hassan Mansha
- Director: Mr. Khalid Qadeer Qureshi
- Director:Mr. Ghazanfar Hussain Mirza
- Director (Nominee NIT): Syed Zahid Hussain
- Director: Ms. Nabiha Shahnawaz Cheema
- Director: Mr. Maqsood Ahmad
Auditor's Report
The Independent Auditor of the Entity conducts the review”. A review of unconsolidated condensed interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with International Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
Nishat Mills Ltd
Valuation Process
About the Company
Group Members:
Bisma Imran
Hamza Abdul Rauf
Rafia Javed
Valieyah Ikram
- Flagship company of Nishat Group
- Has many subsidiaries
- Maintained market lead amongst the major competitors
Independent valuers perform the valuations of non-property items required for financial reporting purposes, including level 3 fair values. The independent valuers report directly to the Chief Financial Officer. Discussions of valuation processes and results are held between the Chief Financial Officer and the valuation team at least once every six month, in line with the Company’s half yearly reporting periods. T
Industry Overview
- Largest manufacuring industry
- 8th largest exporter
- Contributes 8.5% to the GDP
Competitive Landscape
Major competitors of Nishat Mills Ltd are:
- Crescent
- Chenab
- Arzoo
- Alkarms
- Sitara
- Kohinoor
- Amtex