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Argon Denims Limited (Bangladesh)

Main Activities: Textile Mills
Full name: Argon Denims Limited Profile Updated: August 02, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Company is engaged in manufacturing, dyeing and finishing of Denim Fabric and exporting the same.
Vision : To establish the company as the most admired institution in the textile industry of Bangladesh by producing and supplying quality products to customers at affordable prices while following an ethical business process so that the stakeholders and society at large are benefitted.
Mission :
- To gain market leadership in the denim fabric manufacturing industry within 2 years.
- Use innovation and speed as the driving factor for Progress.
- To produce various type of premium denim fabrics for global retailers and brands.
- To be a good corporate citizen
- Ensure environment friendly and ethical process flow
History:
2006 : The Company was incorporated as a Private Limited Company on 13th July, 2006 under the Companies Act of 1994.
2011 : Converted into a Public Ltd. Company on 31st of May 2011.
2013 : The Company was listed on Dhaka Stock Exchange and Chittagong Stock Exchange in 2013.

2016 : The Company has changed its Year-End from December 2015 to June 2016.

Headquarters
Lotus Kamal Tower One (Level 6), 57, Joar Sahara, Nikunja-2- C/A, New Airport Road
Dhaka; Dhaka; Postal Code: 1229

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Basic Information
Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
2006
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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64.2%
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35.8%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BDT. Absolute financial data is included in the purchased report.
Net sales revenue
29.38%
Total operating revenue
29.73%
Operating profit (EBIT)
45.51%
EBITDA
16.62%
Net Profit (Loss) for the Period
28.55%
Total assets
3.66%
Total equity
-0.76%
Operating Profit Margin (ROS)
0.51%
Net Profit Margin
-0.01%
Return on Equity (ROE)
0.55%
Debt to Equity Ratio
13.17%
Quick Ratio
0.06%
Cash Ratio
0.18%

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