List Of Companies Operating In Epz In Bangladesh
List Of Companies Operating In Epz In Bangladesh - https://urloso.com/2t9AZp
A Private Limited Company, the Company was incorporated in 1999. It has been operating throughout Bangladesh since 2000. The primary business is telecommunications, with additional business in construction and general insurance.
Prior to its incorporation, the Company was a joint venture company named as Bangladesh Telecom Limited (BTL) and a 100 per cent subsidiary of Bangladesh Telecommunication Corporation Limited (BTCL). The Company is a subsidiary of Grameenphone Limited (Grameenphone) formed under the laws of Bangladesh.
Since its inception, the company has grown to become the number one telecommunication company in Bangladesh. It has been continuously investing to build the network infrastructure all over the country and to cover the entire country with broadband coverage. It also invests in providing high-speed internet services to its subscribers. The company launched its fourth generation (4G) mobile network service in Bangladesh in January 2018. Currently, Grameenphone's subscriber base has reached 6.5 million.
The author is an award-winning business editor and a leading expert on the telecommunications industry in Bangladesh. The views expressed in this article are the personal opinion of the author, and do not necessarily reflect the views and opinions of Datamonitor.
In 2018, the company's revenue for the fiscal year 2018 was BDT 1,306.1 billion. Its profit for the fiscal year 2018 was BDT 63.4 billion. Its net profit margin for the fiscal year 2018 was BDT 87.3 per cent. Its total assets at the end of fiscal year 2018 were BDT 7,859.6 billion. Its net worth at the end of fiscal year 2018 was BDT 2,824.5 billion. It achieved more than USD 1 billion revenue in fiscal year 2018.
The BG Group owns three listed companies – BG Group Limited, BG Group M. Ltd and BG Group Mid & South America Limited. BG Group Limited is the largest listed company in Bangladesh and is listed on the BSE. BG Group M. Ltd is listed on the Dhaka and Chittagong Stock Exchange. BG Group Mid & South America Limited is a listed company on the BSE and Dhaka and Chittagong Stock Exchanges. BG Group is also a major shareholder in Beximco Pharmaceuticals Limited and Indorama Petrochemical Limited (listed on the BSE) in Bangladesh.
In financial, textile and telecom sectors, the number of listed companies is the highest of any sector. The three listed companies in textile are BG Group Limited, BG Group M. Ltd. and BG Group Mid & South America Limited. BG Group has a special place in Bangladesh, which has the highest number of listed companies. The BG Group was listed on the BSE in 1972 and is one of the largest and most successful companies in Bangladesh. BG Group’s annual turnover is estimated to be in excess of US$4 billion and the Group employs more than 30,000 people. BG Group's long-standing relationship with the Government of Bangladesh is based on its local sourcing of raw materials from the country, BG Group's commitment to government policies to promote investment in the country, and its contribution to the local community through the Group's BG Centre Foundation (BCF) and BG Group Foundation 827ec27edc
