{
  "id": 700906,
  "title": "Hala Enterprises Limited",
  "url": "https://urgent.news/2026/08/12/hala-enterprises-limited",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-12T21:16:28.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40434546/hala-enterprises-limited"
  },
  "original_language": "en",
  "account": "Hala Enterprises Limited, a private limited company based in Pakistan, has been in operation since 1974. The company specializes in the manufacturing and sale of terry towels, kitchen towels, and terry cloth. As of June 30, 2025, HAEL had a total of 12.996 million shares outstanding, held by 992 shareholders. The majority of shares, 53.28 percent, are owned by directors, the CEO, their spouses, and minor children, followed by the parent company M/S Teejay Corporation Limited with 30.31 percent shares. The local general public holds 14.58 percent of the shares, while joint stock companies have 1.32 percent. The remaining ownership is distributed among other categories of shareholders.\n\nHAEL's financial performance from 2021 to 2025 has been a mix of growth and decline, with some notable exceptions. The company's top line showed a steady increase, growing by 12.53 percent in 2021 to reach Rs. 389.822 million. However, the bottom line was affected, with significant losses in 2021 and 2024. Gross margins fluctuated, peaking in 2023 before falling in 2024, but recovering in 2025. Operating margins ranged between 1.81 and 7.21 percent over the same period. Operating expenses increased each year, while finance costs varied due to changes in borrowings and bank commissions. Net profits saw considerable swings, with a substantial drop in 2021 followed by a significant recovery in 2022 and 2023.",
  "summary": "Hala Enterprises Limited (PSX: HAEL) was incorporated in Pakistan as a private limited company and was subsequently converted into a public limited company. The company began its operations in 1974. The principal activity of the company is the manufacturing and sale of terry towels, kitchen towels and terry cloth. Pattern of Shareholding As of June 30, 2025, HAEL has a total of 12.996 million…",
  "key_points": [
    "Hala Enterprises Limited, a Pakistani company, manufactures and sells towels since 1974.",
    "12.996 million shares outstanding as of June 30, 2025, with majority owned by directors and CEO."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}