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Toyo Spinning Mills Limited (Bangladesh)

Main Activities: Textile Mills
Full name: Toyo Spinning Mills Limited Profile Updated: March 11, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Company s principal activities is to import raw cotton and manufacture different counts of yarn through the cotton spinning mills. The marketing of the products is undertaken by the company s own sales force to the export-oriented knitting weaving mills.
The Company owns and operates a modern textile spinning mills of spindles and rotors.
The Company was incorporated in Bangladesh as a Public Company with limited liability on 20th of July, 1985 and commenced commercial operation in 1989.
The Company went for initial public issue of shares in 1990 and floated right offer of shares in 1995 which were listed on Dhaka Stock Exchanges and on Chittagong Stock Exchanges in 2001.
The Company has informed that the Board of Directors has decided to hold an EGM to seek shareholders approval to change the Company s name from Tallu Spinning Mills Ltd. to Toyo Spinning Mills Limited . Date of EGM: 17 February 2018.

Headquarters
South Avenue Tower (6Th Floor), House 50, Road 3, 7,Gulshan Avenue
Dhaka; Dhaka; Postal Code: 1212

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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:
July 20, 1985
Key Executives
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Chairman
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Managing Director
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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53.95%
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29.04%
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17.01%
Company Performance
Financial values in the chart are available after Toyo Spinning Mills 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
-0.37%
Total operating revenue
-0.37%
Operating profit (EBIT)
-12.34%
EBITDA
-7.75%
Net Profit (Loss) for the Period
3.79%
Total assets
-2.24%
Total equity
-13.36%
Operating Profit Margin (ROS)
-0.71%
Net Profit Margin
2.97%
Return on Equity (ROE)
-1.53%
Debt to Equity Ratio
33.96%
Quick Ratio
0.29%
Cash Ratio
-0%

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