Tung Hai Knitting & Dyeing Ltd

Tung Hai Knitting & Dyeing Ltd

DDSE:TUNGHAI
5.20
BDT
-0.10
(-1.89%)
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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

Sector
Process industries
Industry
Textiles
Address
Dhaka Bangladesh
IPO Date
Apr 9, 2014
Business
Tung Hai Knitting & Dyeing Ltd. is a Bangladesh-based textile manufacturing company engaged primarily in yarn dyeing, bleaching, knitting, and the export-oriented production of knitted apparel. The company operates within the backward-linkage textile and ready-made garment sector, offering a systematic portfolio of products and services that includes dyed and bleached yarn processing for 100% cotton, acrylic, and blended fibers; cone winding and yarn finishing services; and the manufacturing of finished knitwear garments, specializing in men's, women's, and children's knitted sweaters, cardigans, and pullovers. Founded in 2004 and incorporated as a public entity in 2011, the company is headquartered in Dhaka, Bangladesh, with manufacturing and processing facilities located in Gazipur, serving domestic garment exporters and international apparel markets. In recent developments, Tung Hai Knitting & Dyeing Ltd. has undergone significant corporate and operational changes, including executive leadership transitions following the passing of its founder, prolonged suspension of factory operations, and ongoing regulatory interventions by the Bangladesh Securities and Exchange Commission and the Dhaka Stock Exchange regarding governance compliance, financial reporting delays, and market category reclassifications.