The Syrian Hama cotton threads company sold a total of 3,955 tons in domestic and foreign sales, valued at SP 587 million ($12 million) in the first half of 2000, reported Al-Baath daily. The company’s turnover is expected to reach $24 million by the end of 2000.
According to the report, the company produced 3,988 tons of cotton threads in the first half of this year, exceeding the projected quantity of 3,407 tons. This production rate represents an actual 108 percent output.
The Hama threads company’s main export destinations include Switzerland, Germany, England, Egypt, Lebanon, Italy, Spain and Portugal. –(Albawaba-MEBG)