GovTwin / Institution

Bangladesh Textile Mills Corporation

Soe · Chairman: Brig Gen SM Zahid Hasan

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 →

Related research

Policy domains

industry · supporting soe_management · lead