Alexandria Spinning & Weaving
EEGX:SPIN14.12
EGP
+0.12
(+0.86%)
ISIN
EGS32041C013
Return %
Stock
S&P 500
1Y
39.66
14.20
3Y
381.36
81.12
5Y
846.66
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Zakaria Muhammad Abdul Majid El Sayed
- Sector
- Process industries
- Industry
- Textiles
- Address
- Alexandria Egypt
- IPO Date
- Sep 17, 1995
- Website
- spinalex.com
- Similar Companies
- Business
- Alexandria Spinning & Weaving Co. S.A.E. (SPINALEX) is an Egypt-based publicly listed textile manufacturing company that specializes in the production, finishing, and export of cotton yarns, synthetic yarns, blended fibers, and woven fabrics. Founded in 1946 and headquartered in Alexandria, Egypt, the company serves industrial clients, garment makers, and commercial textile producers across domestic and international markets in Europe, North America, the Middle East, and Asia. The company's core product and service portfolio comprises: 100% pure Egyptian cotton yarns, including combed, carded, compact, and ring-spun single and twisted yarns spanning coarse to extra-fine counts; blended and synthetic yarns, including cotton-polyester, cotton-viscose, and modal blends engineered for weaving and knitting; specialty and treated yarns, comprising gassed, mercerized, dyed, and high-tenacity spinning outputs; open-end yarns and industrial sewing threads; and grey, bleached, and dyed woven fabrics for apparel and home furnishings. In addition to finished goods, the company offers custom yarn spinning, dyeing, mercerizing, spooling, testing, and contract textile finishing services. In recent operations, SPINALEX has executed significant strategic and operational changes to streamline production, improve operational margins, and grow export revenues. The company has advanced the relocation and consolidation of its production infrastructure into its specialized manufacturing complex in New Borg El Arab City, shifting operations away from its historical urban facilities in Alexandria. To support this restructuring, SPINALEX has monetized non-core real estate assets to fund modern European spinning and automated winding equipment, increase operational efficiency, lower utility costs, and expand processing capacity for premium long-staple and extra-long-staple Egyptian cotton. Furthermore, the company has expanded direct supply agreements with foreign converters and diversified export channels to meet stringent international sustainability and quality standards.