Beximco confirms investment news

Staff Reporter :

Beximco Group has confirmed that reports of fresh foreign investment in its industrial ventures are accurate, expressing optimism about returning to profitability if factory operations resume as planned.

In a disclosure to the Dhaka Stock Exchange (DSE) on Thursday, the conglomerate said it expects to post a net profit of Tk 380 crore by December 2026, assuming its factories become operational again by October 2025.

The announcement followed queries from the DSE regarding a report in which cited possible investments from Japan and the United States to help launch 15 Beximco factories.
“The news on investment is authentic,” the company stated. “We hope it will have a positive financial impact on our organisation.”

Despite the disclosure, Beximco’s share price remained unchanged on the DSE until 1:04 pm.
The group has faced severe challenges since the political transition of August 2024, when one of its key sponsors, Salman F Rahman, was jailed. With Rahman’s detention and high defaulted loans weighing on the group, banks withdrew financing, leading to a liquidity crisis. In February this year, Beximco was forced to shut down all factories at its Gazipur Industrial Park amid a shortage of work orders.

The shutdown marked a major setback for one of Bangladesh’s largest private sector players, once considered a symbol of industrial ambition.

With potential foreign capital and a timeline for restarting production, the group is now trying to reassure stakeholders of its ability to recover and regain stability.