The Syrian Hama Cotton Threads Company has exported $4 million worth of cotton threads during the first eight months of this year. According to the Al-Baath newspaper report, the countries targeted by the Hama exports included Egypt, Morocco, Switzerland, Spain and England. In addition, the company sold $13 million worth of cotton threads in the local markets during the same period.
During the period in question, Hama marketed 6,029 tons of spun thread, which is equivalent to 129 percent of the sales planned for that period. This high sales volume has enabled the company to decrease the value of its accumulated inventories from 235 million Syrian pounds (SP) to SP150 million during the same period. — (Albawaba-MEBG)
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