LAHORE - Representatives of Nishat Mills and DG Khan Cement presented their financials and future plans to the investors in the Corporate Briefing Program held at Lahore Stock Exchange. Mr. Hassan Mansha- Chairman Nishat Power & Director Nishat Mills, Badar-ul-Hassan-CFO Nishat Mills, and Inayullah Niazi-Director DGKC were present at the occasion. Nishat Group representatives told the participants that Nishat Group is one of the leading and most diversified business groups in South East Asia with fixed assets of over Rs.300 billion, it ranks amongst the top five business houses of Pakistan. The group has strong presence in three most important business sectors of the region namely Textiles, Cement and Financial Services. In addition, the Group also has reasonable market share in Insurance, Power Generation, Paper products and Aviation. It also has the distinction of being one of the largest players in each sector. The Group has a remarkable position in the market as good as any multinationals operating locally in terms of its quality of products, services and management skills. Mr. Mansha and others lauded the efforts of the current management & the directors of the Exchange in introducing such programs for increasing interaction between the investors and companies. The Corporate Briefing Program is an initiative of the LSE to increase market efficiency by removing information disparity in the marketplace. ThE NML is focusing on retail network expansion and Nishat Linen Trading Company has been established in Dubai, UAE for this purpose. They expressed the view that while Nishat Mills has ample cotton stocks available secured by long term contracts, the current increase in prices of cotton may cause some serious problems for small players in the textile industry. DGKC is focusing on reducing its cost of production by exploring alternate energy sources and has also installed a power generation plant which will not only provide for the plant but also will have surplus supply available to be sold to WAPDA.