Far East Knitting & Dyeing Industries PLC.
DDSE:FEKDIL19.40
BDT
-0.80
(-3.96%)
ISIN
BD0462FEKDL8
Return %
Stock
S&P 500
1Y
8.99
14.20
3Y
12.79
81.12
5Y
-2.02
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Asif Moyeen
- Full Time Employees
- 8,704
- Sector
- Consumer non-durables
- Industry
- Apparel/Footwear
- Address
- Dhaka Bangladesh
- IPO Date
- Apr 13, 2014
- Website
- fareastknit.com
- Similar Companies
- Business
- Far East Knitting & Dyeing Industries PLC is a Bangladesh-based export-oriented composite textile and ready-made garment manufacturer. Founded in 1994 and headquartered in Dhaka, Bangladesh, the company operates an integrated production complex in Gazipur, encompassing fabric knitting, dyeing, finishing, printing, cutting, and garment assembly. Far East Knitting & Dyeing Industries PLC designs, manufactures, and exports a comprehensive range of circular knit apparel for men, women, and children. The company's core product portfolio includes casual and basic tops, such as crewneck t-shirts, V-neck t-shirts, polo shirts, henleys, and tank tops; athleisure and activewear, including performance jerseys, hooded sweatshirts, fleece jackets, track jackets, and cardigans; and bottoms and sleepwear, including joggers, sweatpants, leggings, pajama sets, and loungewear. These garments are produced using diverse fabrications, including 100% combed cotton, organic cotton, viscose, modal, bamboo, and cotton-elastane blends. The company also provides integrated textile processing services, comprising circular knitting; open-width and tubular fabric dyeing; pigment and specialty garment dyeing; screen and rotary printing; bio-polishing and garment washing; computer-aided pattern making; and laboratory color matching. Far East Knitting & Dyeing Industries PLC distributes its production to global retail brands and apparel conglomerates across key export destinations, including Germany, the United Kingdom, Spain, Italy, the Netherlands, the United States, Japan, and Australia. In recent strategic developments, the company transitioned its corporate structure to a Public Limited Company (PLC) and strengthened its vertical supply chain integration through a 20% equity acquisition in Far East Spinning Industries Limited, a LEED-certified yarn spinning facility producing 100% compact cotton yarn. The company has also expanded its manufacturing infrastructure through investments in automated cutting and advanced finishing machinery, expanded biological effluent treatment operations, and integrated rooftop solar power generation in compliance with international environmental standards, while scaling its monthly apparel capacity to approximately three million units to support sustained export revenue growth.