Crescent Fibres Limited (CFL) started operations in 1969 as part of Crescent Sugar Mills and Distillery Limited. After a major expansion, it was launched as a public limited company listed on the Karachi, Lahore and Islamabad Stock Exchanges. Although the initial focus was on wood related products, the Company's activities were diversified with the addition of a Chemical Division and a Textile Division.
The wood related and chemical operations have been discontinued. In textiles the Company operates 55,956 spindles based on the latest European and Japanese machinery and specializes in production of high value added polyester / cotton and chief value cotton (CVC) yarnshttp://www.crescentfibres.com/investors.php