Jute Spinners Limited
DDSE:JUTESPINN203.70
BDT
+0.30
(+0.15%)
Jute Spinners Limited
DSE:JUTESPINN
(Dhaka Stock Exchange)
Recent
price
203.70
P/E
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Jute Spinners Limited is a Bangladesh-based textile and agro-processing enterprise primarily engaged in the manufacturing, processing, and export of jute yarn, twine, and natural fiber products. Founded in 1979 and headquartered in Dhaka, Bangladesh, with manufacturing operations based in Jashore, the company produces a diversified range of jute-based products, including: standard and fine-count jute yarn; hessian-quality yarn; sacking-quality yarn; carpet backing yarn; multi-ply jute twine; cordage; and eco-friendly industrial packaging materials. These products serve diverse downstream industries, including carpet manufacturing, agricultural commodity packaging, commercial cordage, and industrial textiles across domestic and export markets in Europe, the Middle East, North America, and Asia. In recent developments, Jute Spinners Limited has undergone regulatory and financial restructuring initiatives under the supervision of the Bangladesh Securities and Exchange Commission to resolve operational interruptions and working capital constraints at its production facilities. The company continues to pursue bank debt settlement and loan rescheduling programs, facility modernization plans, and potential strategic partnerships or third-party contract manufacturing arrangements to facilitate the resumption of full-scale commercial spinning operations and restore export volumes.