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Confidence Cement Limited (Bangladesh)

Main Activities: Cement and Concrete Product Manufacturing
Full name: Confidence Cement Limited Profile Updated: September 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Confidence Cement Limited is a cement manufacturing company located in Chittagong, Bangladesh. It was established on May 02, 1991, as a public limited company under the Government industrial policy of 1991. Confidence Cement is the pioneer in the private cement sector in Bangladesh. As the flagship company of Confidence Group of Companies, Confidence Cement is one of the largest cement producers in the country. It is listed on both the Dhaka and Chittagong Stock Exchange Ltd and has been among the top 30 performing companies for the past few years. The company is also the first ISO 9002 certified cement manufacturing company in Bangladesh. Confidence Cement is involved in various sectors including cement, paint, steel fabrication, forging & galvanizing, power generation, battery, transformer, electrical item manufacturing, and concrete products manufacturing. The company's mission is to manufacture and sell cement without compromising on quality, while upholding the code of business principles. Its strategic vision is to endure and prosper in the market, overcoming internal and external challenges. During the early 2000s, the cement industry in Bangladesh experienced a period of rapid growth. However, with the arrival of new competitors, the market became saturated and the industry faced a recession, political unrest, and natural calamities. Many competitors were forced to shut down, but Confidence Cement remained strong and continued to provide high-quality cement to its customers. Currently, Confidence Cement has an annual production capacity of 200,000 metric tons. The company is led by a group of dedicated professionals and aims to become the leading cement manufacturing company in Bangladesh by consistently producing high-quality cement through continuous development.

Legal Address
Confidence Heights, Plot-1, Lane-1, Road-2, Block-L, Halishahar H/E, Agrabad Access Road, Chattoagram
Chittagong; Chittagong;

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Website: http://www.confidencecement.com.bd

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1991
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Vice Chairman
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Vice Chairman
Ownership Details
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35.38%
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33.35%
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30.34%
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0.64%
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0.18%
Subsidiaries
Zodiac Logistics Private Limited (India)
99%
Company Performance
Financial values in the chart are available after Confidence Cement Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BDT. Absolute financial data is included in the purchased report.
Net sales revenue
-4.92%
Total operating revenue
-8.67%
Operating profit (EBIT)
6.74%
Net Profit (Loss) for the Period
41.81%
Total assets
7.64%
Total equity
4.72%
Operating Profit Margin (ROS)
3.93%
Net Profit Margin
7.25%
Return on Equity (ROE)
2.84%
Debt to Equity Ratio
-4.02%
Quick Ratio
0.03%
Cash Ratio
-0%

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