Company · Analysis · 29 Oct 2026
FAR Chemical & Textile: now a cotton-yarn spinner, with a BDT 499m nine-month loss and borrowings of BDT 3.39bn
Sales fell 21.0% and gross margin was -12.4% in the nine months to March 2026; the company announced FY2026 EPS of BDT -3.33 on 29-Oct-2026. The chemical plant stopped during its 2020-21 move and was 'not yet started' at June 2024; the business reported is spinning.
FAR Chemical & Textile Ind. PLC (DSE: FARCHEM) was listed in 2014 as FAR Chemical Industries Limited, an exporter of textile dyeing and finishing chemicals from Cumilla EPZ. The filings now describe a different business. The FY2025 notes say the principal activities 'were' to make…