Oriental Weavers Carpets Co SAE 2017 Annual Report
The report highlights Oriental Weavers' record financial and operational performance in 2017, achieving a record turnover of EGP 10 billion, driven by an 80% growth in export sales following the floatation of the Egyptian pound. The company expanded its retail footprint by adding 12 new showrooms in Egypt and invested EGP 500 million in a new rug factory, Horus, to increase production capacity. On the sustainability front, the company focused on energy efficiency, water treatment, and waste recycling, maintaining compliance with environmental standards and renewing its OEKO-Tex Certificate. Additionally, Oriental Weavers continued its corporate social responsibility initiatives by supporting healthcare, education, and community development across Egypt.
Company: Oriental Weavers Carpets Co SAE
Sector: Manufacturing
Country: Egypt
Year: 2017
Type: Annual Report
Pages: 41
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Oriental Weavers Carpets Co SAE
Annual Report
The report highlights Oriental Weavers' record financial and operational performance in 2017, achieving a record turnover of EGP 10 billion, driven by an 80% growth in export sales following the floatation of the Egyptian pound. The company expanded its retail footprint by adding 12 new showrooms in Egypt and invested EGP 500 million in a new rug factory, Horus, to increase production capacity. On the sustainability front, the company focused on energy efficiency, water treatment, and waste recycling, maintaining compliance with environmental standards and renewing its OEKO-Tex Certificate. Additionally, Oriental Weavers continued its corporate social responsibility initiatives by supporting healthcare, education, and community development across Egypt.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report
Language
English
Pages
File Size
Standards & Assurance
No data available
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available