Mytas Spinning Mills
Mytas Spinning Mills
Mytas Spinning Mills (Pvt) Ltd:
Mytas Spinning Mills (Pvt) Ltd is a leading cotton yarn manufacturer that was established with the vision of a group of dynamic entrepreneurs who have significantly contributed to the development of the textile industry in Bangladesh. The company operates under the legal structure of a Private Limited Company as per the Companies Act of 1913 and benefits from the active support of its shareholders, directors, and management staff.
The company is situated in Sardagonj, Kashimpur, Gazipur, Dhaka, and employs over 1,253 personnel across various departments. Mytas Spinning Mills is a joint venture between Bangladesh and Japan, leveraging both countries’ strengths to deliver superior quality products. The mill produces 100% cotton yarn and specializes in high-quality carded yarn with counts ranging from 20/s to 80/s. It operates three primary units: Dyeing, Twisting, and Spinning, ensuring a comprehensive approach to yarn production that emphasizes quality and efficiency.
The share allocation of Tanaka Company Ltd. is as follows:
| Name of the Sister Concerns | Factory Address | Name of Directors/Proprietor | Designation |
|---|---|---|---|
|
Mytas Spinning Mills (Pvt) Ltd |
Sardagonj, Kashimpur, Gazipur |
Ok Chool Moon (Tanaka Sumiko) |
Chairman |
|
|
|
Md..Mahin |
Managiing Director |
|
|
|
Cho Young Hae(Tanaka Hanae ) |
Director |
|
|
|
Md. Nazimuddin |
Do |
|
|
|
Mr. Chochang Hoon ( Tanaka Hideki) |
Do |
|
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|
Md. Showkat Ali |
Do |
All of the machinery used by Mytas Spinning Mills (Pvt) Ltd is brand new and sourced from reputable countries known for their advanced technology and quality manufacturing, including Japan, Germany, Korea, China, and India. This selection of state-of-the-art machinery ensures the efficiency and reliability of the company’s operations. The mill boasts a daily production capacity of 10 tons for its average count of cotton yarn, showcasing its ability to maintain consistent output and meet the demands of its customers. This production capacity is a testament to the company’s commitment to quality and innovation in the textile industry. In terms of financial performance, the company’s annual earnings are approximately Tk10 million. This revenue highlights the company’s successful business model and market presence. Furthermore, Mytas Spinning Mills has a net worth of around Tk1950 million, demonstrating its strong financial standing and potential for growth. The company’s authorized capital is set at Tk2020 million, while its paid-up capital amounts to Tk150 million. This robust capital structure supports the company’s ongoing investments in technology, machinery, and workforce, positioning it well for future expansion and development.
MISSION: Mytas Spinning Mills (Pvt) Ltd is dedicated to producing top-tier 100% cotton yarn while maintaining a commitment to quality, sustainability, and ethical practices. The company’s mission is to innovate and improve its processes continuously, leveraging advanced technology and skilled labor to deliver superior products to its customers. By adhering to strict quality control and ethical business practices, the company aims to uphold its reputation as a trusted partner in the textile industry.
VISION: The vision of Mytas Spinning Mills (Pvt) Ltd is to establish itself as a leading force in the cotton yarn manufacturing industry, known for its excellence, sustainability, and innovation. The company aims to be a major player in the global market, providing high-quality yarn that meets the diverse needs of its clients. Through this commitment, Mytas Spinning Mills seeks to contribute to the overall development of the textile sector in Bangladesh and beyond.
