Financial performance analysis of “Vision Apparels Ltd” and studying the impact of COVID-19 on the company’s financial performance

Abstract

This concentrate exclusively focuses on the readymade garment (RMG) area depicting the prospects and difficulties of the area which is determinedly assuming a key part for the financial improvement as well as for the country building. This internship report underscores the Financial Performance Analysis of Vision Apparels (Pvt) Limited. There are four segments in this report, which cover express districts associated with the assessment. This report's essential objective is to perceive Vision Apparels (Pvt) Ltd monetary position and look at the financial performance to separate the qualities and shortcomings ultimately give proposition to beat the requirements. The entire investigation part was finished using helper data accumulated from online sources, critical articles, and past yearly reports. Secondly, the accompanying area discusses the affiliation part. Outline of Vision Apparels (Pvt) Limited and its main goal and vision. In this area the most utilized financial statements are the asset report and benefit and deficit account where the financial statements show the financial position and benefit and shortfall account shows the net benefit or total deficit of an Apparels (Pvt) Limited. Then again, in this part I present the government industry overview and furthermore, done the PEST Analysis, Porters Five Forces Analysis and SWOT Analysis for RMG Industry. Likewise talk about Financial Performance of Vision Apparels (Pvt) Limited. Besides, it has utilized budget summary examination, different proportion investigation methods on assembled information. There are a few ratio analysis methods like current ratio, quick ratio, Debt Equity Ratio, Inventory Turnover Ratio, return on asset etc. and so forth which looks at detail information from organization's fiscal reports to acquire bits of knowledge about benefit, liquidity, functional productivity. It exhibits the organization's presentation by recognizing its financial position and contrasting it with other existing organizations of the equivalent and various areas. I have attempted to break down the pre and post COVID-19 circumstance by concentrating on 3 years budget report of the association. Third part talks about Literature Review of this report. Also, it has audited the Theories on Financial Performance, Drives Affects Financial Performance RGM Industry and Covid Impacts on RGM Industry. This repots fundamental spotlight on the analysis to know the different aspect of garments industry, its problems and prospects and Coronavirus influence on RGM industries. The last part of this report centers around financial analysis findings and gives recommendations to address the lacks of these disclosures. Other than inadequacies, a piece of the revelations shows the association's good presentation, similar to the debt ratio has worked on contrasted with past records. Some suggestions are examined in this segment to address the different part of the piece of clothing industry, its concerns and prospects by Industry and Competitive Analysis.