Filatex Fashion Ltd has announced that its subsidiary, Filatex Mines and Minerals Private Limited, has secured a significant export order valued at US$ 43,875,000. The order comes from Société DIMO – BTP SARL (SDBS), a well-established company based in the Republic of Guinea.
SDBS, with nine years of experience in the industry, is a prominent distributor of granite and marble across Africa. The company boasts an extensive dealer network of over 5,000 spread across 14 African countries. These countries include Guinea, Benin, Côte d’Ivoire, Mali, Ghana, Nigeria, Guinea-Bissau, Burkina Faso, Cape Verde, Togo, Niger, Senegal, The Gambia, and Sierra Leone.
This export order represents a significant opportunity for Filatex Mines and Minerals Private Limited to expand its presence in the African market. It also highlights the growing demand for quality granite and marble products in the region.
The deal is expected to strengthen Filatex Fashion’s position in the international market and potentially open doors for further business opportunities in Africa. The company has informed the stock exchanges about this development in compliance with regulatory requirements.
This large order could have a positive impact on Filatex Fashion’s financial performance in the coming quarters, subject to successful execution and delivery.
