Safko Spinning Mills Limited
DDSE:SAFKOSPINN21.00
BDT
-0.30
(-1.41%)
ISIN
BD0445SAFCO0
Return %
Stock
S&P 500
1Y
72.13
14.20
3Y
8.25
81.12
5Y
-5.41
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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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
- saiham-safko.com
- Similar Companies
- Business
- Safko Spinning Mills Limited is a Bangladesh-based textile manufacturing enterprise primarily engaged in the spinning, production, and marketing of yarn products for domestic and export-oriented textile industries. The company operates a ring-spinning manufacturing facility equipped with an installed capacity of approximately 40,000 spindles, offering a product portfolio that comprises 100% carded cotton yarn; combed cotton yarn; 100% polyester yarn; polyester-cotton (PC) blended yarn; chief value cotton (CVC) blended yarn; and various synthetic and blended textile yarns utilized in the production of woven fabrics, knitwear, apparel, and home textiles. Safko Spinning Mills supplies fabric manufacturers, dyeing and finishing units, and garment producers across local and global supply chains. Incorporated in 1994 and commencing commercial operations in 1997, the company is headquartered in Dhaka, Bangladesh, with its primary manufacturing complex located in Noyapara, Madhabpur Upazila, Habiganj District. In recent developments, the company has initiated a major corporate and management restructuring through regulatory applications to transfer approximately 30% of sponsor-director shareholdings to new strategic investors, aimed at recapitalizing the business, resolving accumulated liabilities, and revitalizing manufacturing continuity following intermittent factory disruptions.