GovTwin / Institution

Bangladesh Chemical Industries Corporation

Soe

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 →

Indicators

Tracked, awaiting data (17): bbs_national_chemical_fertilizer_sales_fy24_lakh_mt, cag_bcic_buffer_godowns_urea_deficit_crore_bdt, cag_bcic_closed_factory_ccc_idle_labor_wages_crore_bdt, cag_bcic_enterprises_manpower_vacancy_rate_pct, cag_bcic_fictitious_liabilities_created_crore_bdt, cag_bcic_jfcl_urea_physical_deficit_crore_bdt, cag_bcic_jfcl_urea_physical_deficit_mt, cag_bcic_kpm_commercial_rent_arrears_crore_bdt, cag_bcic_patuakhali_godown_embezzlement_crore_bdt, cag_bcic_procurement_overpricing_rectifying_column_crore_bdt, cag_bcic_total_audit_irregularities_crore_bdt, cag_bcic_transport_contractors_urea_embezzlement_crore_bdt, cag_bcic_transport_contractors_urea_embezzlement_mt, cag_bcic_unadjusted_advance_salary_crore_bdt, soe_government_subsidies_crore_bdt, soe_net_profit_loss_crore_bdt, soe_operating_revenue_crore_bdt

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