Arab Polvara Spinning & Weaving Co.

Arab Polvara Spinning & Weaving Co.

EEGX:APSW
7.78
EGP
-0.17
(-2.14%)
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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
Raafat Tawfiq Ahmed Kabil
Sector
Process industries
Industry
Textiles
Address
Alexandria Egypt
IPO Date
Mar 20, 2002
Business
Arab Polvara Spinning & Weaving Co. is an Egypt-based public shareholding company engaged in the manufacturing, processing, and distribution of cotton yarns, synthetic textiles, and finished woven fabrics. Founded in 1937 and headquartered in Alexandria, Egypt, the company operates across integrated textile manufacturing segments catering to domestic and international garment manufacturers, home textile producers, and industrial fabric converters. The company's core product and service portfolio comprises pure cotton yarns, including carded, combed, compact, ring-spun, and open-end yarns in coarse, medium, and fine yarn counts; blended and synthetic yarns, including polyester-cotton, polyester-viscose, and regenerated fiber blends; raw greige, bleached, dyed, and finished woven fabrics designed for apparel and household applications; commission textile processing services, including yarn dyeing, fabric preparation, bleaching, mercerizing, continuous dyeing, and mechanical finishing; and textile recycling and trading of cotton waste and spinning by-products. The company serves the Egyptian domestic market and exports to regional and international markets across the Middle East, Africa, and Europe. In recent developments, Arab Polvara Spinning & Weaving Co. has implemented comprehensive operational and financial restructuring initiatives aimed at improving liquidity and streamlining manufacturing operations. The company has undertaken strategic asset monetization programs, including the structured sale and public auctioning of surplus, non-core land parcels in Alexandria to settle outstanding obligations with banking institutions and state utility providers. Concurrently, the company has executed operational rationalization measures, focusing on machine overhauls, efficiency enhancements across primary spinning and weaving lines, and capital reallocation toward higher-margin cotton yarn counts to reinforce its competitive position in local and export markets.