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Maksons Spinning Mills Plc (Bangladesh)

Main Activities: Textile Mills
Full name: Maksons Spinning Mills Plc Profile Updated: July 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Maksons Spinning Mills Limited is a prominent spinning mill located in Dhaka, Bangladesh. Established on September 25th, 2003, it has become one of the largest spinning mills in the country. With over 15 years of experience in the textile sector, Maksons Spinning Mills Limited has achieved a capacity of over 100,000 spindles, making it one of the highest producers of yarn in the country. The company has a production capacity of 20.65 million kg annually. Unlike other spinning mills, Maksons produces various types of yarn to cater to the diverse needs of its customers. The different types of yarn produced by Maksons include Cotton card, Combed, Slub, Organic, BCI, and Compact Yarn. The company not only focuses on producing a wide range of yarn but also emphasizes providing its customers with high-quality products at reasonable prices. Maksons Spinning Mills Limited is certified and sources its cotton from internationally renowned cotton producers such as US Cotton, BCI Cotton, and Organic Cotton. This ensures that the company maintains a consistent supply of quality raw materials for its yarn production. As part of the Maksons Group, Maksons Spinning Mills Limited contributes to the group's success in various sectors, including the Textile Industry, RMG Sector, Property and Development, and Logistic Business. The group has a strong financial foundation, extensive management expertise, and adheres to ethical business practices, which have contributed to its influential position in the corporate world and the community. Note: The summary does not include information about the company's customers or main markets, as these details were not mentioned in the source.

Headquarters
House 17, Road 06, Sector 01, Uttara Model Town
Dhaka; Dhaka; Postal Code: 1230

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Website: http://www.maksonsgroup.com.bd

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
September 25, 2003
Key Executives
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Chairman
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Chief Financial Officer
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Managing Director
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Vice Chairman
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Director/Member of the Board
Ownership Details
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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
13.2%
Total operating revenue
13.2%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
-90.85%
Total assets
8.23%
Total equity
-25.93%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
-4.42%
Return on Equity (ROE)
-8.08%
Debt to Equity Ratio
76.47%
Quick Ratio
-0.25%
Cash Ratio
-0.01%

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