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VACILLATE THE PERFORMANCE OF TEXTILE SECTOR AFTER THE MERGER A CASE OF SHAHZAD TEXTILE MILLS LIMITED STM

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01 Pages : 1-8

http://dx.doi.org/10.31703/gmsr.2021(VI-IV).01      10.31703/gmsr.2021(VI-IV).01      Published : Dec 2021

Vacillate the Performance of Textile Sector after the Merger: A Case of Shahzad Textile Mills Limited (STM)

Abstract

    Before and after the merger of Shahzad Textile Mills Limited (STM), the financial performance of the company was analyzed. The analysis was carried out using 12 vital ratios and the financial statements for eight years (2008-2016). After getting the results of pre and post-merger (short-run) and post-merger long-run analysis forecasting was done from 2017-2020 which will help management to eliminate uncertainty in future. The analysis was carried out to eliminate the uncertainty in the future. The results of the analysis revealed that the financial performance of the company has been satisfactory after the merger. The long-term results of the analysis revealed that the financial performance of the company was poor before and after the merger. The merger did not provide the company with many benefits over the long run.

    STM, Merger, Profitability, Financial Performance, Accounting Ratios, Liquidity

    (1) Zargham Ullah Khan
    Hailey College of Banking and Finance, University of the Punjab, Lahore, Punjab, Pakistan.
    (2) Awais Boota
    MBA, Bahria University, Islamabad, Pakistan.
    (3) Mir Ghulam Hyder
    MPA, Quaid-i-Azam University, Islamabad, Pakistan.
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Cite this article

APA

    APA : Khan, Z. U., Boota, A., & Hyder, M. G. (2021). Vacillate the Performance of Textile Sector after the Merger: A Case of Shahzad Textile Mills Limited (STM). Global Management Sciences Review, VI(IV), 1-8. https://doi.org/10.31703/gmsr.2021(VI-IV).01

CHICAGO

    CHICAGO : Khan, Zargham Ullah, Awais Boota, and Mir Ghulam Hyder. 2021. "Vacillate the Performance of Textile Sector after the Merger: A Case of Shahzad Textile Mills Limited (STM)." Global Management Sciences Review, VI (IV): 1-8 doi: 10.31703/gmsr.2021(VI-IV).01

HARVARD

    HARVARD : KHAN, Z. U., BOOTA, A. & HYDER, M. G. 2021. Vacillate the Performance of Textile Sector after the Merger: A Case of Shahzad Textile Mills Limited (STM). Global Management Sciences Review, VI, 1-8.

MHRA

    MHRA : Khan, Zargham Ullah, Awais Boota, and Mir Ghulam Hyder. 2021. "Vacillate the Performance of Textile Sector after the Merger: A Case of Shahzad Textile Mills Limited (STM)." Global Management Sciences Review, VI: 1-8

MLA

    MLA : Khan, Zargham Ullah, Awais Boota, and Mir Ghulam Hyder. "Vacillate the Performance of Textile Sector after the Merger: A Case of Shahzad Textile Mills Limited (STM)." Global Management Sciences Review, VI.IV (2021): 1-8 Print.

OXFORD

    OXFORD : Khan, Zargham Ullah, Boota, Awais, and Hyder, Mir Ghulam (2021), "Vacillate the Performance of Textile Sector after the Merger: A Case of Shahzad Textile Mills Limited (STM)", Global Management Sciences Review, VI (IV), 1-8

TURABIAN

    TURABIAN : Khan, Zargham Ullah, Awais Boota, and Mir Ghulam Hyder. "Vacillate the Performance of Textile Sector after the Merger: A Case of Shahzad Textile Mills Limited (STM)." Global Management Sciences Review VI, no. IV (2021): 1-8. https://doi.org/10.31703/gmsr.2021(VI-IV).01