BBS Cables to supply materials for Bangabandhu tunnel | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Thursday
May 29, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
THURSDAY, MAY 29, 2025
BBS Cables to supply materials for Bangabandhu tunnel

Economy

TBS Report  
31 May, 2022, 08:50 pm
Last modified: 31 May, 2022, 09:11 pm

Related News

  • Cyclone Remal: Bangabandhu Tunnel to be closed for 12 hours
  • Emergency vehicles of police, firefighters, navy granted toll waiver at Bangabandhu Tunnel
  • Fire at Bangabandhu Tunnel warehouse under control
  • Reckless driving triggers multi-vehicle collision in Ctg's Bangabandhu Tunnel
  • Truck collides with Bangabandhu Tunnel wall

BBS Cables to supply materials for Bangabandhu tunnel

BBS Cables will supply cables amounting to Tk47.25 crore

TBS Report  
31 May, 2022, 08:50 pm
Last modified: 31 May, 2022, 09:11 pm
BBS Cables to supply materials for Bangabandhu tunnel

BBS Cables – the second-largest cable manufacturer in the country – will supply cables for the Bangabandhu Sheikh Mujibur Rahman Tunnel under the Karnaphuli River in Chattogram.

To this end, the company has signed an agreement with China Communications Construction Company Ltd – the foreign firm constructing the country's first underwater expressway tunnel.

BBS Cables will supply cables amounting to Tk47.25 crore. The materials will be delivered within ninety days from the date of signing.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Up to 40% of the revenue of BBS Cables comes from the sale of products to government companies and the rest to corporations and retailers. 

In the January-March quarter of 2022, its revenue fell 12% to Tk114 crore, and net profit 37% to Tk13 crore compared to the same period of the previous fiscal year.

Despite the fall in revenue, its sales and distribution expenses surged 75% to Tk7.73 crore, up from Tk4.41 crore in the January-March quarter of 2021.

BBS Cables got listed on the capital market in 2017. In fiscal 2020-21, the company paid a 15% dividend – 10% in cash and 5% in bonus – to its shareholders. 

As of 30 April 2022, sponsors and directors jointly held 30.90%, institutions 21.18%, foreign investors 0.42, and the general public 47.42% shares in the company.

The last trading price for each of its shares on the Dhaka Stock Exchange was Tk56.80 on Tuesday.

Top News

BBS Cables / Bangabandhu Tunnel

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Infograph: TBS
    Businesses set for relief as interim govt eyes major tax & fine cuts
  • How termination of USDA-funded trade facilitation project will affect Bangladesh
    How termination of USDA-funded trade facilitation project will affect Bangladesh
  • File photo of Bangladesh Secretariat. Photo: Collected
    Visitors banned from entering Secretariat on Mondays and Thursdays

MOST VIEWED

  • Google Pay. Photo: Collected
    Google Pay likely coming to Bangladesh soon
  • IFIC Bank receives Tk6,000 cr in new deposits in six months
    IFIC Bank receives Tk6,000 cr in new deposits in six months
  • Dhaka areas at a gridlock on Wednesday, 28 May 2025. Photo: Syed Zakir Hossain/TBS
    BNP, Jamaat rallies: Traffic clogs Dhaka roads, including Motijheel, Paltan, Dainik Bangla intersection
  • Abdul Awal Mintoo, chairman of National Bank Limited. Sketch: TBS
    'Regulatory support must for National Bank to restore depositors' confidence'
  • Mohammad Abdul Mannan, chairman FSIB Ltd. Sketch: TBS
    FSIB to bounce back soon
  • Mohammad Mamdudur Rashid, managing director and CEO, UCB. Sketch: TBS
    Customers’ trust and confidence fueling deposit growth at UCB

Related News

  • Cyclone Remal: Bangabandhu Tunnel to be closed for 12 hours
  • Emergency vehicles of police, firefighters, navy granted toll waiver at Bangabandhu Tunnel
  • Fire at Bangabandhu Tunnel warehouse under control
  • Reckless driving triggers multi-vehicle collision in Ctg's Bangabandhu Tunnel
  • Truck collides with Bangabandhu Tunnel wall

Features

In recent years, the Gor-e-Shaheed Eidgah has emerged as a strong contender for the crown of the biggest Eid congregation in the country, having hosted 600,000 worshippers in 2017. Photo: TBS

Gor-e-Shaheed Boro Maath: The heart of Dinajpur

2d | Panorama
The Hili Land Port, officially opened in 1997 but with trade roots stretching back to before Partition, has grown into a cornerstone of bilateral commerce.

Dhaka-Delhi tensions ripple across Hili’s markets and livelihoods

3d | Panorama
Photo: Collected

Desk goals: Affordable ways to elevate your study setup

3d | Brands
Built on a diamond-type frame, the Hornet 2.0 is agile but grounded. PHOTO: Asif Chowdhury

Honda Hornet 2.0: Same spirit, upgraded sting

3d | Wheels

More Videos from TBS

The fight between two brothers; Adidas vs Puma

The fight between two brothers; Adidas vs Puma

7h | Others
Trump is again keen to make Canada the 51st state

Trump is again keen to make Canada the 51st state

9h | Others
Trump's tariff strategy and Europe's investment politics, violence or negotiation?

Trump's tariff strategy and Europe's investment politics, violence or negotiation?

10h | Others
Rumours surrounding the Club World Cup: Which club will Ronaldo join?

Rumours surrounding the Club World Cup: Which club will Ronaldo join?

10h | Others
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net