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Evince Textiles Limited (Bangladesh)

Main Activities: Textile Product Mills
Full name: Evince Textiles Limited Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Evince Textiles Limited (ETL) is a company located in Dhaka, Bangladesh. It was incorporated as a Private Limited Company on June 03, 1999, and later converted into a Public Limited Company on June 04, 2013. The registered office of the company is located at Plot No-33, Section-7, Mirpur, Dhaka-1216, and the corporate office is situated at Lotus Kamal Tower-One (Level-12), 57, Joar Sahara C/A, Nikunja-2, New Airport Road, Dhaka-1229. The company's commercial operations began on May 02, 2003. Evince Textiles Limited is engaged in the business of manufacturing and selling 100% deemed export oriented yarn dyed woven fabric. The factory is located at Vill./Mouza: Shirir Chala, P.O.: Bhabanipur, P.S.: Joydevpur, Dist: Gazipur. Evince Textiles Limited has a subsidiary called Evitex Fashions Limited (EFL), which was incorporated as a private Limited company on April 11, 2004, under the Companies Act 1994. EFL's registered office is also located at Plot No-33, Section-7, Mirpur, Dhaka-1216, and its factory is situated at Vill./Mouza: Shirir Chala, P.O.: Bhabanipur, P.S.: Joydevpur, Dist: Gazipur. The principal activity of EFL is the manufacture and export of Ready Made Garments. The company's mission is to be the most admired organization in the apparel and textile industry of Bangladesh by producing premium quality products at competitive prices. They aim to maintain an ethical business culture that benefits the communities in which they operate and the economy at large. Their vision includes gaining market leadership in the apparel manufacturing industry, using innovation and speed as driving factors for progress, producing a wide range of products at superior levels of quality, ensuring environmentally friendly and ethical production processes, and providing specialized value-added services to meet client requirements.

Headquarters
Lotus Kamal Tower One, Level-12, 57, Joar Sahara C/A, Nikunja-2 New Airport Road
Dhaka; Dhaka; Postal Code: 1229

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Website: http://www.evincetextiles.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1999
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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Vice Chairman
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Director/Member of the Board
Ownership Details
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5.2%
Subsidiaries
Evitex Fashions Limited
100%
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
33.42%
Total operating revenue
33.42%
Operating profit (EBIT)
130.71%
EBITDA
13.18%
Net Profit (Loss) for the Period
N/A
Total assets
13.29%
Total equity
1.68%
Operating Profit Margin (ROS)
1.44%
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
25.04%
Quick Ratio
-0.11%
Cash Ratio
-0%

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