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Simtex Industries Limited (Bangladesh)

Main Activities: Textile Mills
Full name: Simtex Industries Limited 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

Simtex Industries Limited (SIL) is the largest national Industrial Sewing Thread manufacturer in Bangladesh. Founded in 2000, SIL started with a small facility in Mirpur, Dhaka, with the aim of revolutionizing the Sewing Thread business. Over the years, SIL has become the leading Sewing Thread manufacturer in the country, with a strong production capacity that allows it to capture a significant market share. Simtex supplies its products to over 400 companies across Bangladesh and exports to four continents worldwide. The company's mission is to meet market needs through efficient manufacturing processes and provide premium customer service. Its vision is to become the market leader in the sewing thread industry by utilizing state-of-the-art technology to ensure quality and achieve absolute customer satisfaction.

Headquarters
Khagan, Birulia, Savar
Dhaka; Dhaka; Postal Code: 1341

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Website: http://www.simtexgroup.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2007
Key Executives
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Chairman
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Chief Financial Officer
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Managing Director
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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58.6%
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31.65%
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9.75%
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
6.13%
Total operating revenue
6.13%
Operating profit (EBIT)
5.01%
EBITDA
1.15%
Net Profit (Loss) for the Period
20.75%
Total assets
-0.57%
Total equity
0.35%
Operating Profit Margin (ROS)
-0.11%
Net Profit Margin
0.59%
Return on Equity (ROE)
0.57%
Debt to Equity Ratio
-4.37%
Quick Ratio
0.21%
Cash Ratio
-0.01%

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