Ring Shine Textiles Ltd.
DDSE:RINGSHINE3.40
BDT
+0.10
(+3.03%)
ISIN
BD0483RSTL07
Return %
Stock
S&P 500
1Y
25.93
14.20
3Y
-65.31
81.12
5Y
-69.09
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Sung Wen Li
- Sector
- Process industries
- Industry
- Textiles
- Address
- Savar Bangladesh
- IPO Date
- Dec 12, 2019
- Website
- ringshine.com
- Similar Companies
- Business
- Ring Shine Textiles Limited is a Bangladesh-based textile manufacturing company primarily engaged in the production, dyeing, and export of acrylic yarn, blended yarn, and synthetic fleece fabrics for the global readymade garment and knitwear industries. Founded in 1997 and headquartered in Dhaka, Bangladesh, the company operates integrated manufacturing and processing facilities situated in the Dhaka Export Processing Zone in Savar. Its core product portfolio comprises dyed acrylic yarn, including regular acrylic yarn and high-bulk acrylic yarn; specialty blended yarns, including acrylic-wool, acrylic-cotton, acrylic-nylon, and polyester-viscose blends; polar fleece and micro fleece fabrics; anti-pilling fleece fabrics; and diverse single-jersey, double-jersey, and circular knitted fabrics supplied to export-oriented sweater, knitwear, and outerwear manufacturers serving retail markets across North America, Europe, and Asia. In recent developments, the company has undergone significant ownership, governance, and operational restructuring under the regulatory supervision of the Bangladesh Securities and Exchange Commission; Singapore-based Wise Star Textile Pte Ltd acquired sponsor-director equity interests and assumed management control, enabling capital injection, debt restructuring with creditor banks, modernizing operational workflows, and the phased resumption of commercial manufacturing activities across its production units.