FLASHNEWS:

Beacon Impex Secures A- Rating for PKR-1 Billion Sukuk


Lahore: Beacon Impex (Pvt.) Limited, a key player in Pakistan’s textile industry, has received a preliminary A rating for its PKR-1 billion Sukuk.



According to a statement by Pakistan Credit Rating Agency Limited, The rating reflects the company’s strong position in the textile sector, its vertically integrated operations, and its robust financial management.



Beacon Impex specializes in bodywear garments and has established relationships with top global brands like Puma, Hugo Boss, Levi’s, and Amazon. The company reported a 29.5% increase in its top line for the first half of fiscal year 2025, reaching PKR 23,479 million, driven by increased business volumes. Despite facing challenges such as rising raw material costs and inflation, the company has maintained a stable financial risk profile.



The company’s strategic initiatives include the installation of an 8.259-megawatt solar power plant to manage energy costs and the commercialization of a PET Recycled Polyester Fiber Plant. These efforts are part of Beacon Impex’s commitment to sustainability and operational efficiency.



The Sukuk’s underlying instrument is secured by a ranking charge over the company’s current assets, with a structured payment plan to ensure timely debt servicing. Beacon Impex’s capital structure is characterized by a mix of short-term borrowings and long-term loans, supporting its ongoing capital expenditure in the textile value chain.