Tag: Oriental Weavers

Oriental Weavers aims to expand operations in France, Brazil, and Germany

Oriental Weavers aims to expand its export operations during the current year,…

Fatma Salah Fatma Salah

Oriental Weavers to withdraw investments from China

Yasmine Al-Gohary —Investor Relations Manager at Oriental Weavers — told Daily News…

Fatma Salah Fatma Salah

Egypt’s Oriental Weavers plans expansion with expected 2021 CAPEX of $26m

For the woven segment, nine new looms will be added to the…

Alyaa Stohy Alyaa Stohy

Oriental Weavers expects sales of EGP 10.1bn in 2021

Company aims to increase prices by 3% in 2021, capex expected to…

Alyaa Stohy Alyaa Stohy

Oriental Weavers reports strong Q3 2020 results as exports recover

The price of the main raw material polypropylene amounted to $985/tonne, down…

Alyaa Stohy Alyaa Stohy

Oriental Weavers’ to participate in new export rebate programme

Oriental Weavers’ export rebate backlog stood at EGP 317m by the end…

Alyaa Stohy Alyaa Stohy

Oriental Weavers reports EGP 53m drop in net profit hampered by weaker demand

Company notes COVID-19-induced slowdown in demand since February 2020

Alyaa Stohy Alyaa Stohy

Oriental Weavers expects improved 3Q financial results after export improvement

The company's performance is expected to improve with the support of pent-up…

Alyaa Stohy Alyaa Stohy

Oriental Weavers reports 12.85% sales decline in 1Q 2020 due to COVID-19

We anticipate further decline in sales during 2Q 2020, plans projected to…

Alyaa Stohy Alyaa Stohy

Oriental Weavers invest $10m in new expansions to boost sales

Oriental Weavers revenues for fiscal year (FY) 2019 came in at EGP…

Alyaa Stohy Alyaa Stohy