Zaheen Spinning PLC

Zaheen Spinning PLC

DDSE:ZAHEENSPIN
4.60
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
Mahammad Mahmudur Rahman
Full Time Employees
25
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
Dhanmondi Bangladesh
IPO Date
Nov 11, 2014
Business
Zaheen Spinning PLC is a Bangladesh-based textile manufacturing company primarily engaged in spinning, producing, and marketing cotton yarn for the export-oriented ready-made garment and knitwear sectors. The company operates as a deemed exporter, supplying specialized textile inputs to domestic garment manufacturers, with a product portfolio that includes 100% cotton carded hosiery yarn; single and double ply cotton yarns ranging from Ne 20/s to Ne 120/s counts; ring-spun knitting yarn; and custom-specification yarns for circular knitting, flat knitting, weaving, and sock manufacturing. Its manufacturing facility is located in Jhawgara, Araihazar, Narayanganj, operating with an installed capacity of 29,040 spindles and an annual production capacity of approximately 1.90 million kilograms of yarn. In recent developments, Zaheen Spinning PLC has been executing operational rehabilitation, machinery overhaul, and modernization initiatives to restore throughput and capacity utilization following factory disruptions and fire-related damages. The company has concurrently implemented cost-containment measures and raw material procurement adjustments to manage input cost pressures and preserve liquidity, alongside capital management actions on the Dhaka Stock Exchange and Chittagong Stock Exchange. Founded in 2007 and converted into a public limited company in 2012, Zaheen Spinning PLC is headquartered in Dhaka, Bangladesh.