Saiham Cotton Mills Ltd.

Saiham Cotton Mills Ltd.

DDSE:SAIHAMCOT
20.80
BDT
+0.10
(+0.48%)
No data availableFinancial data will appear here once available

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
Istiaq Ahmed
Full Time Employees
1,562
Sector
Process industries
Industry
Textiles
Address
Dhaka Bangladesh
IPO Date
Mar 4, 2012
Business
Saiham Cotton Mills Ltd. is a Bangladesh-based textile manufacturing enterprise engaged in the spinning, processing, and marketing of cotton and blended yarns for the export-oriented apparel and garment industries. Operating as a principal unit of the Saiham Group, the company manufactures a wide array of yarn varieties across varying counts utilizing ring-spinning and rotor technologies. Its product and service portfolio comprises 100% carded cotton yarn; 100% combed cotton yarn; compact cotton yarns; organic cotton and Better Cotton Initiative (BCI) certified yarns; heather and melange yarns; slub and fancy structured yarns; open-end rotor yarns; synthetic-cotton blended yarns, including polyester-cotton and cotton-viscose blends; fine-count yarns ranging up to Ne 80/1; and customized yarn twisting, dyeing, and conditioning services for woven and knit fabric manufacturers. The company primarily supplies domestic export-oriented readymade garments (RMG) manufacturers and knitting mills that cater to major retail brands in Europe, North America, and Asia. In recent operational developments, Saiham Cotton Mills Ltd. has advanced its balancing, modernization, replacement, and expansion (BMRE) programs across its spinning mills, incorporating high-efficiency automated ring frames and energy-saving machinery to enhance productivity and reduce production costs. The company has also expanded its value-added product lines to include Global Recycled Standard (GRS) certified sustainable yarns and implemented industrial rooftop solar power generation systems to improve energy efficiency amidst regional utility cost fluctuations. Founded in 2002 and publicly traded on the Dhaka and Chittagong Stock Exchanges, Saiham Cotton Mills Ltd. is headquartered in Dhaka, Bangladesh, with primary manufacturing operations located at Saiham Nagar in Madhabpur, Habiganj.