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Sonargaon Textiles Limited (Bangladesh)

Main Activities: Textile Mills
Full name: Sonargaon Textiles Limited Profile Updated: September 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Sonargaon Textiles Limited (STL) is a spinning project in the textile sector located in Dhaka, Bangladesh. Established in 1985, it is the largest textile concern in South Bengal. STL is a 100% export-oriented spinning industry and has provided employment opportunities for over 2,000 workers. The company is listed on the Dhaka & Chittagong Stock Exchange since 1995 and regularly offers dividends. Its main product is cotton yarn of different counts for knitting and weaving. STL is financed by various banks, both nationalized and private. The company operates independently under the umbrella of the Khansons Group, which was established in 1974 and has a strong presence in international business. The Khansons Group also has significant contributions to the economy of Bangladesh through its textiles, jute, and cement industries in South Bengal. In addition to its business activities, the group has a strong presence in the insurance industry, with three insurance companies under its ownership. The Khansons Group is a conglomerate with various business activities and has a reputable status both domestically and internationally.

Headquarters
Khansons Centre (8Th 9Th Floor), 37, Kawran Bazar Commercial Area
Dhaka; Dhaka; Postal Code: 1215

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Website: http://www.khansonsgroupbd.com/sonargaontextiles.html

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:
1984
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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44.54%
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43.65%
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11.4%
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0.31%
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0.09%
Company Performance
Financial values in the chart are available after Sonargaon Textiles Limited report is purchased.
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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
-40.23%
Total operating revenue
-40.23%
Operating profit (EBIT)
-96.42%
Net Profit (Loss) for the Period
N/A
Total assets
-7.53%
Total equity
65.52%
Operating Profit Margin (ROS)
-6.67%
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
-183.37%
Quick Ratio
-0.64%
Cash Ratio
0.17%

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