Fazal Cloth Mills Limited was incorporated in 1966. The Company set up its first Spinning unit in 1972 in Muzafargarh. At present the Company owns and operates 4 Spinning Plants comprising 137,112 Spindles and 2 Gas Fired Power Generation Plants producing 19.3 MW for supply of electricity to its Spinning Plants. For the Year July 2007 to June 2008, Turnover of the company was Rs. 7,021 Million. Exports were Rs. 3,054 Million. The Company Provides Employment to 3,116 people. The Company was listed on the Karachi Stock Exchange in 1970. Since its listing the company has maintained a regular dividend payout, paying cash dividends or bonus shares in 26 years out of the 37 years it has been listed. Average Dividend/Bonus Payout for the last 5 years is 9 %. The Company produces 4000 tons of Ring Spun Yarns per month. It's count range is Ne 4/1 - Ne 100/1 in Carded, Combed, Compact, Core Spun, Multitwist / Multicount / Slub, Double and Zero Twist Yarns. These Yarns are produced with Cotton, Rayon, Polyester Cotton, Modal Cotton and Bamboo Cotton Fibers. It also produces certified SUPIMA, ORGANIC, GIZA, LYCRA and USA Cotton Yarns.