GovTwin / Institution

Titas Gas Transmission and Distribution Company Limited

Soe · Managing Director: Shahnewaz Parvez

State-owned natural gas distributor with 80% market share, serving Dhaka and Mymensingh divisions

Financial performance FY2023-24

Net result

Tk -744 cr (loss)

Turnover

Tk 35,693 cr

FY2023-24 (year ended 30 Jun 2024), audited, DSE-listed (TITASGAS). Record loss Tk 744.08 cr, more than treble the prior-year loss; revenue Tk 356,929 million = Tk 35,692.9 cr (34.65% growth). Loss driven by record system loss (~1,204 mcm worth ~Tk 2,945 cr). Board still recommended 5% cash dividend (Tk ~49 cr) from retained earnings. Employees left null: only a dated 2020 figure (2,100 staff) is available from a primary source; FY2023-24 headcount not verified. Not government-subsidised (commercial gas distributor), so govt_subsidy_cr null.

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