GovTwin / Institution

Bangladesh Jute Mills Corporation

Soe

Public corporation managing all government-owned jute factories and jute product manufacturing in Bangladesh

Financial performance FY2023-24

FY2023-24 loss reported as 'over Tk 180 crore' (BJMC spent over Tk 137 crore on salaries for idle workers, per Prothom Alo via Daily Star editorial, Aug 2024). Accumulated loss Tk 9,496.7 crore over 28 years through FY2023-24 (one profit year, FY2010-11, Tk 14.59 crore); 24 of 25 jute mills closed since Jul 2020. Turnover and current employee count not separately verified for FY2023-24.

Source: state-owned enterprise financial reporting. All SOEs →

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