Dulamia Cotton Spinning Mills Limited
DDSE:DULAMIACOT193.40
BDT
-1.80
(-0.92%)
ISIN
BD0416DUCOT2
Return %
Stock
S&P 500
1Y
44.22
14.20
3Y
173.16
81.12
5Y
277.73
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- Dhaka Bangladesh
- IPO Date
- Nov 25, 2007
- Website
- dulamiabd.com
- Similar Companies
- Business
- Dulamia Cotton Spinning Mills Limited is a Bangladesh-based textile manufacturing enterprise primarily engaged in the production, spinning, and commercial distribution of cotton yarn. The company operates within the spinning and industrial textiles sector, offering a product portfolio that comprises 100 percent carded cotton yarn; combed cotton yarn; rotor spun yarn; multi-count spinning yarns for circular knitting and weaving; and specialized yarn counts developed for the domestic readymade garment, apparel, and fabric fabrication industries. Dulamia Cotton Spinning Mills Limited markets and distributes its products primarily through authorized commission agents, wholesale yarn merchants, and institutional supply contracts across Bangladesh, with historical raw cotton procurement extending across international markets such as India, Pakistan, the United States, Sudan, Tanzania, Cameroon, Uzbekistan, and Kazakhstan. Founded on February 28, 1987, as an associate entity of Multimode Group, the company is headquartered in Dhaka, Bangladesh, and maintains its principal manufacturing mill in Dagonbhuiyan, Feni District. In recent operational and corporate developments, the company has managed an extended suspension of manufacturing operations at its Feni spinning facility driven by aging machinery infrastructure, working capital constraints, and ongoing credit settlement negotiations, remaining under heightened regulatory supervision and classified within the Z category on the Dhaka Stock Exchange and Chittagong Stock Exchange. In recent reporting periods, the company recorded significant non-operating revenue resulting from major insurance claim settlements, which returned the firm to net profitability and facilitated the declaration of its first cash dividend distribution in over a decade, while management and the board of directors continue to evaluate debt restructuring plans and strategic turnaround options to rehabilitate production facilities and resume industrial operations.