Holding Co for Spinning Targets 18.3B LE
The Holding Company for Spinning and Weaving aims for record revenues of 18.3 billion Egyptian pounds during the 2026-2027 fiscal year, representing a 190% growth compared to the revenues of 2024-2025. This will be achieved through the implementation of a strategic industrial development project that includes modernizing seven spinning and weaving companies in Egypt. The project involves establishing new factories and improving operational efficiency, with the goal of increasing productivity and achieving global quality standards. Additionally, it aims to open new export markets and enhance competitiveness. The strategy focuses on adding value to Egyptian cotton and developing management and marketing systems, with the ultimate goal of restoring Egypt’s leadership position in the global spinning and weaving industry.
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