Alif Industries Ltd.
DDSE:AIL27.80
BDT
+0.30
(+1.09%)
Alif Industries Ltd.
DSE:AIL
(Dhaka Stock Exchange)
Recent
price
27.80
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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- Business
- Alif Industries Limited is a Bangladesh-based textile and apparel manufacturing company primarily engaged in the production and export of ready-made knit garments and processed fabrics. The company operates vertically integrated knitwear manufacturing facilities and provides a wide range of products and textile solutions, including finished knitwear apparel such as basic and printed t-shirts, polo shirts, tank tops, hoodies, sweatshirts, jogger sets, activewear, and children's knitwear; fabric manufacturing and processing services comprising circular knitting, fabric dyeing, bleaching, washing, and finishing; and yarn knitting, sourcing, and trading activities. Founded in 1992 as Sajib Knitwear and Garments Limited and rebranded as Alif Industries Limited in March 2015, the company is headquartered in Dhaka, Bangladesh, and operates as an export-oriented member of the Alif Group, distributing apparel to retail and wholesale clients primarily across the European Union, the United States, and Asian markets. In recent corporate developments, Alif Industries reached a preliminary strategic agreement to transfer operational management and strategic control to United States-based JIT International Inc., pending necessary regulatory compliance and approvals. Additionally, the company has engaged in significant corporate restructuring initiatives within its parent group, including the planned amalgamation of affiliated entity Alif Manufacturing Company Limited into Alif Industries Limited as the surviving corporate entity, following earlier strategic moves to acquire and revive non-operational textile manufacturer C&A Textiles Limited.