Northern Jute Manufacturing Co. Ltd.
DDSE:NORTHERN96.60
BDT
+0.20
(+0.21%)
ISIN
BD0357NJUTE3
Return %
Stock
S&P 500
1Y
4.55
14.20
3Y
-50.23
81.12
5Y
-66.46
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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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
FRC
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in mil. unless spec.Company Description
- Sector
- Process industries
- Industry
- Textiles
- Address
- Dhaka Bangladesh
- Website
- northernjute.com
- Similar Companies
- Business
- Northern Jute Manufacturing Co. Ltd. is a Bangladesh-based textile manufacturing enterprise primarily engaged in the production, processing, and global export of natural jute yarn, twine, and diversified jute-based products. The company operates within the natural fiber textiles segment, converting raw jute fibers into industrial and commercial packaging and weaving materials. Its core product offerings include multiple grades and counts of jute yarn, comprising hessian-quality yarn, sacking-quality yarn, carpet backing yarn, CRM yarn, CRT yarn, and premium CB quality yarn; single-ply, double-ply, and multi-ply twisted jute twines; polished, bleached, dyed, and treated jute yarns; specialized jute ropes and cordage; and custom-engineered biodegradable yarns designed for carpet manufacturing, wire rope cores, geotextile weaving, agricultural binding, and industrial sack production. Northern Jute Manufacturing Co. Ltd. targets international commercial markets, exporting its products to carpet manufacturers, industrial packaging firms, and textile converters across Europe, North America, Asia, and the Middle East. Founded in 1980 and headquartered in Dhaka, Bangladesh, the company operates its primary production facility in the BSCIC Industrial Estate in Kushtia, Bangladesh, and is publicly listed on the Dhaka Stock Exchange. In recent operational developments, the company has experienced significant production and financial constraints, resulting in temporary factory closures, raw material procurement adjustments, and reclassification by exchange authorities into the Z-category. In response, regulatory bodies including the Bangladesh Securities and Exchange Commission have undertaken board reconstitution and governance interventions to address outstanding liabilities, oversee capital restructuring, and facilitate the resumption of full-scale commercial manufacturing operations.