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Oriental Weavers Carpet Company S.A.E (Egypt)

Main Activities: Carpet and Rug Mills
Full name: Oriental Weavers Carpet Company S.A.E Profile Updated: October 29, 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 mainly engaged in the production of machine-woven carpets and rugs for the residential, commercial and hospitality industries. Also, the Company offers various lines of area rugs; as well as, manufactures woven goblins and tapestries. Furthermore, it produces custom-made rugs and carpets, contracts to fulfill the carpeting needs of homes, hotels and offices and provides related carpet care services.
The Company is considered to be one of the most recognized brands in the machine woven rugs and carpets industry today. Established by Mr. Mohamed Farid Khamis, a leading Egyptian entrepreneur and industrialist, the Company has grown under his leadership to become one of the largest machine-made rug and carpet manufacturers in the world.
VISION:
Continue to be the industry's trendsetter and the world's market leader of rugs and carpets, spreading happiness and warmth to every room in the world.
MISSION:
Enriching people's lives through offering innovative, sustainable and value driven rugs and carpets crafted by passionate, creative minds.
History:
1981: The Company was established in 1980. On November 16, 1981, the Company was established as a Limited Liability Company according to the law No 43 of 1974 and was modified by law No 32 of 1977.
1991: On November 2, 1991, the Company was converted into a Joint Stock Company according to the Law No 230 of 1989 and the law No 95 of 1992.
1993: The Company was listed on the Egyptian Stock Exchange on Aug 25, 1993.

Legal Address
8 Eishaheed Zakaria Khalil St., Oriental Weavers Complex, Sheraton Residences, P.O. Box 2489
Cairo; Greater Cairo; Postal Code: 11361

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Website: http://www.orientalweavers.com

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:
1980
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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24.619%
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23.538%
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11.478%
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5.69%
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5.563%
Subsidiaries
Oriental Weavers International
99.99%
Oriental Weavers Co.- China (China)
99.63%
Oriental Weavers Co. U.S.A. (United States)
82.68%
Company Performance
Financial values in the chart are available after Oriental Weavers Carpet Company S.A.E report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EGP. Absolute financial data is included in the purchased report.
Net sales revenue
33.62%
Total operating revenue
32.09%
Operating profit (EBIT)
30.54%
EBITDA
34.1%
Net Profit (Loss) for the Period
57.2%
Total assets
46.49%
Total equity
45.58%
Operating Profit Margin (ROS)
-0.33%
Net Profit Margin
1.89%
Return on Equity (ROE)
0.81%
Debt to Equity Ratio
-1.23%
Quick Ratio
0.01%
Cash Ratio
-0.02%

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