Oriental Weavers to withdraw investments from China
Yasmine Al-Gohary —Investor Relations Manager at Oriental Weavers — told Daily News…
Egypt’s Oriental Weavers plans expansion with expected 2021 CAPEX of $26m
For the woven segment, nine new looms will be added to the…
Oriental Weavers expects sales of EGP 10.1bn in 2021
Company aims to increase prices by 3% in 2021, capex expected to…
Oriental Weavers reports strong Q3 2020 results as exports recover
The price of the main raw material polypropylene amounted to $985/tonne, down…
Oriental Weavers’ to participate in new export rebate programme
Oriental Weavers’ export rebate backlog stood at EGP 317m by the end…
Oriental Weavers reports EGP 53m drop in net profit hampered by weaker demand
Company notes COVID-19-induced slowdown in demand since February 2020
Oriental Weavers expects improved 3Q financial results after export improvement
The company's performance is expected to improve with the support of pent-up…
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…
Oriental Weavers invest $10m in new expansions to boost sales
Oriental Weavers revenues for fiscal year (FY) 2019 came in at EGP…
Government to reimburse delayed export rebates: Oriental Weavers?
The program also allows exporters to apply for industrial land through the…
