SS Steel achieves record-breaking 2,407cr revenue

Business Report :

SS Steel Limited, a prominent steel manufacturer in Bangladesh, has reported record financial performance for the fiscal year ending 30 June 2024.

The company’s growth is attributed to increased sales across subsidiary units and improvements in operational efficiency.

For FY24, SS Steel recorded a 62% increase in revenue, reaching Tk2,407.16 crore, compared to Tk1,486.27 crore in the previous year.

Net profit rose to Tk5.60 crore, up from Tk1.76 crore in FY23.
This success stems from strong sales across its subsidiaries and enhanced operational efficiency.