Details

Case

Educator Copy

The Olympic Textile Mills Limited

Salman Shah, Shazia Imtiaz


INDUSTRY : Textile

AREA : Finance

ORGANIZATION : The Olympic Textile Mills Limited

LENGTH : 28

LUMS No : 02-175-90-1

PUBLICATION YEAR : 1990

DESCRIPTION

KEYWORDS:

Olympic Textile Mills,Limited,Production,Sales,Taxes,Accounts Receivable,Inflation,Inventory,Finance,Textile


DESCRIPTION:

The Olympic Group of Industries engaged a consultant to prepare a detailed feasibility study which covered the technical, marketing, and financial aspects of a spinning unit. The idea seemed more promising in the wake of the government's waiver of custom duties and sales tax on industrial plants and machinery in underdeveloped areas. The case provides a background on the cotton yarn spinning industry in Pakistan, and provides a break-up of detailed financial projections made by the consultant.


LEARNING OBJECTIVES:

N/A


SUBJECTS COVERED:

Finance