GovTwin / Institution

Bangladesh Chemical Industries Corporation

Soe · Chairman: Md Fazlur Rahman

Government-owned corporation managing chemical, fertilizer, paper, and cement factories, formed by merging multiple industrial corporations

Financial performance FY2023-24

FY2023-24 net loss Tk913cr (Tk9.13 billion), the highest on record; four urea plants alone lost over Tk874cr. Accumulated loss Tk7,980cr (Tk79.80 billion) over 24 loss-making years out of 28 (1996-97 to 2023-24). Last profitable year was 2014-15. Urea output fell to 672,000 MT in FY2023-24 (25% of demand) amid gas shortages. Turnover not stated in source.

Source: state-owned enterprise financial reporting. All SOEs →

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