Metro Spinning Ltd.
DDSE:METROSPIN8.80
BDT
-0.10
(-1.12%)
ISIN
BD0447METSP5
Return %
Stock
S&P 500
1Y
-2.22
14.20
3Y
-65.22
81.12
5Y
-61.57
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Mohammad Showkot Ali
- Full Time Employees
- 22
- Sector
- Process industries
- Industry
- Textiles
- Address
- Dhaka Bangladesh
- IPO Date
- Nov 11, 2001
- Website
- maksonsgroup.com.bd
- Similar Companies
- Business
- Metro Spinning Limited is a Bangladesh-based textile manufacturing company that specializes in the production and distribution of yarn for the knitwear, woven fabric, and ready-made garment (RMG) sectors. Established in 1993 and operating as a subsidiary of the Maksons Group, the company manufactures a diversified portfolio of spinning products, including 100% cotton combed and carded yarns; grey mélange yarns; 100% white viscose yarns; organic cotton yarns; slub yarns; and customized synthetic-cotton blends tailored for commercial garment fabricators and export-oriented apparel manufacturers. The company's manufacturing facility is located in Rupganj, Narayanganj, supported by corporate headquarters in Uttara, Dhaka, Bangladesh. In recent developments, Metro Spinning Limited has undertaken a comprehensive Balancing, Modernization, Rehabilitation, and Expansion (BMRE) program to upgrade legacy infrastructure and replace outdated machinery with high-efficiency, automated spinning technologies. This strategic restructuring involves expanding spindle capacity to 35,520 spindles and targeting an increase in daily production output from approximately 7,200 kilograms to 25,000 kilograms of yarn. As part of this capital expenditure initiative, the company underwent extended operational suspensions and phased execution timelines driven by equipment commissioning requirements, global supply chain adjustments, and macroeconomic market dynamics.