Performance Analysis of Selected Textile Companies in Bangladesh

Abstract

The textile industry is one of the longest and most complicated industry chains in manufacturing industry. The textile industry is an important industrial sector in the Bangladesh economy, which predominantly consists of SMEs and which currently faces a serious challenge due to the phasing out of quotas, resulting in accelerating textile at all stages of textile production (fibers,yarns intermediates, articles).ln this report we select four textile industry those are Square textile Ltd, Beximco Synthetics Ltd, CMC-KAMAL Textiles Mills Ltd and Sonargaon Textile. Square Textile is a subsidiary company of Square Group. The company was incorporated as a public limited company. Square is a dynamic and efficient manufacturing company. Beximco synthetic Limited is a public limited company incorporated in 1994. The company is primarily engaged in the manufacturing and trading of high quality Yarn. CMC-KAMAL Group is one of the leading industrial and investment group based in Mauritius with operations in a number of African Asian countries. In this report the position of four companies in the stock market has also been discussed. Their Financial position has also been portrayed by different ratios and their comparison over time. So from the analysis, it can be said that the financial performance of the industry is doing well as increasing the day. But this is not enough. Foreign investment and order is also depending on the financial condition of the companies that is why the company should keep their financialcondition well along the life period of the company.