Golden Textiles & Clothes Wool

Golden Textiles & Clothes Wool

EEGX:GTWL
106.01
EGP
-7.55
(-6.65%)
Golden Textiles & Clothes Wool
EGX:GTWL
(Egyptian Exchange)

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106.01

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Business
Golden Textiles & Clothes Wool SAE (Goldentex) is an Egypt-based textile manufacturer specializing in the production and distribution of worsted wool textiles, blended fabrics, and woolen yarns. Founded in 1982 and headquartered in 10th of Ramadan City, Egypt, the company operates as a vertically integrated producer with end-to-end manufacturing capabilities that encompass fiber preparation, worsted spinning, weaving, yarn dyeing, piece dyeing, and advanced fabric finishing. The company offers a systematic product portfolio that includes pure worsted wool fabrics for men and women formal suits, jackets, trousers, and overcoats; polyester-wool, polyester-viscose, and synthetic-blend suiting fabrics; stretch-enhanced wool-lycra and elastane-infused textiles; specialty blends incorporating wool-linen, wool-silk, wool-nylon, and wool-acrylic across weights ranging from 130 g/m² lightweight suitings to 600 g/m² heavy overcoatings; non-woven textiles; and worsted yarns supplied for industrial weaving and knitting applications. Goldentex operates integrated manufacturing facilities located in Industrial Zone A1 of 10th of Ramadan City, serving garment manufacturers, private-label fashion brands, corporate uniform suppliers, and tailoring houses across domestic Egyptian channels as well as international export markets throughout Europe, North America, and the Middle East. In recent corporate developments, Goldentex transitioned its parent-level ownership structure following the corporate reorganization and demerger of Arafa Holding, establishing the company as a principal manufacturing asset within the portfolio of the newly formed GTEX for Commercial and Industrial Investments, listed on the Egyptian Exchange. Furthermore, the company has convened recent extraordinary general meetings to enact governance updates and capital alignment measures, while strategically orienting its commercial operations toward expanding export contracts and integrating with global apparel sourcing networks.