PT Century Textile Industry Tbk
CNTX.JK
Indonesia Stock Exchange142.00
IDR
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PT Century Textile Industry Tbk
CNTX.JK
(Indonesia Stock Exchange)
Recent
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142.00
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- PT Century Textile Industry Tbk operates within the integrated textile manufacturing sector, headquartered in Jakarta Timur, Indonesia, since its establishment in 1970. The company manages a comprehensive textile production process, encompassing spinning, weaving, and the dyeing and finishing of various fabrics. Its product portfolio features Tetoron Cotton (TC) and Chief Value Cotton (CVC) materials, available in both plain and dobby weaves, alongside oxford fabrics. These textiles are specifically engineered for the creation of shirts and uniforms, serving applications such as work attire, school uniforms, and police uniforms. The company enhances its fabrics with specialized finishes, including easy care, wrinkle-free, silky, Teflon, UV cut, anti-bacterial, anti-deodorant, and quick-dry properties. PT Century Textile Industry Tbk has historically supplied its products across diverse international markets, including countries in Asia, the Middle East, North America, and Europe, in addition to its domestic presence. A notable recent strategic development involves the company's decision, approved in late 2024, to delist its shares from the Indonesia Stock Exchange, transitioning from a publicly traded entity to a private company.