Pacific Denims Ltd.

Pacific Denims Ltd.

DDSE:PDL
5.00
BDT
0.00
(0.00%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Mohammad Shafiul Azam
Sector
Process industries
Industry
Textiles
Address
Dhaka Bangladesh
IPO Date
Feb 7, 2017
Business
Pacific Denims Limited is a Bangladesh-based textile manufacturing company primarily engaged in the manufacturing, dyeing, weaving, and finishing of export-oriented denim fabrics. The company offers a wide portfolio of denim fabric varieties, including basic denim; ring denim; slub denim; cross-slub denim; cotton stretch denim; cotton-jute blended denim; Tencel denim; poly-cotton and poly-stretch denim; and specialty twill and dobby fabrics across various weights, colors, and weave constructions. In addition to fabric production, the company provides comprehensive textile processing and wet processing services, including yarn dyeing; rope dyeing; beam warping; sizing; weaving; desizing; singeing; mercerizing; stenter finishing; and sanforizing. Pacific Denims Limited caters primarily to readymade garment manufacturers and international apparel brands across Europe, North America, and Asia, supplying fabric for global private labels and retail buyers such as George, Polo, Next, Tesco, Mexx, Tommy, Aldi, and Kik. In recent developments, the company has experienced significant operational challenges and temporary plant shutdowns at its Gazaria, Munshiganj manufacturing facility due to regional industrial gas supply shortages and utility disconnections by Titas Gas Transmission and Distribution Company Limited. Concurrently, due to prolonged production disruptions, non-distribution of dividends, and delays in regulatory financial disclosures, the Dhaka Stock Exchange reclassified the company into the 'Z' trading category and conducted regulatory inspections to assess factory status and operational continuity. Founded in 2003, Pacific Denims Limited is headquartered in Dhaka, Bangladesh.