GovTwin / Institution

Bangladesh Textile Mills Corporation

Soe

State-owned corporation managing government textile mills and textile manufacturing operations

Financial performance FY2022-23

Net result

Tk -17 cr (loss)

Turnover

Tk 29 cr

Accumulated loss

Tk 923 cr

FY2022-23 total revenue Tk 28.69 cr, expenses Tk 46.23 cr, net loss Tk 16.65 cr (New Age, sourced to Finance Division Economic Review). Accumulated loss Tk 922.73 cr covers FY1996-97 to FY2023-24. BTMC reportedly held ~Tk 7,654 cr in loans, ~99% in default. Employee/workforce count not verifiable; left null.

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

Indicators

Tracked, awaiting data (3): soe_government_subsidies_crore_bdt, soe_net_profit_loss_crore_bdt, soe_operating_revenue_crore_bdt

Related research

Bangladesh RMG & Textile Sector Analysis (related)

Sovereign Media & Investigative Coverage

4 verified reports

Authentic policy, governance, and institutional reports from BDPolicyLab's 108k sovereign news corpus.

People’s desire for change made July Movement successful: PM Tarique Rahman ↗ 2026-08-05

Education Health Mention: BTMC (1x) · By BSS

China wants to import Bangladeshi jackfruit, guava: Envoy ↗ 2025-10-23

Trade Commerce Mention: BTMC (1x) · By BSS

How long will the state-owned factories incur huge losses? ↗ 2019-05-25

Fiscal Monetary Mention: Bangladesh Textile Mills Corporation (2x) · By migrator

Ten years of ACC ↗ 2014-11-25

Transport Infrastructure Mention: BTMC (1x) · By migrator

Policy domains

industry · supporting soe_management · lead