Question
Sitara Textiles is among the foremost enterprises of Pakistan. The group started with textile processing in 1956 and progressively flourished into a renowned industry. Sitara
Sitara Textiles is among the foremost enterprises of Pakistan. The group started with textile processing in 1956 and progressively flourished into a renowned industry. Sitara textiles operate worldwide catering to the local markets as well as serving the international markets. Sitara Hamza private Ltd. supplies to the local market whilst Sitara textiles focuses 100% on export. Sitara textiles along with its subsidiaries outshine the entire textile industry.
Following the balance sheet and Income Statement of the company has been given for the fiscal year 2018 and 2019.
Q.No.1 (a) Perform Profitability analysis through ratio analysis. Use appropriate ratios that shall help you find meaningful insights and comment.
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