Monno Ceramic returns to full production after over a decade of gas crisis
Monno Ceramic has returned to full-scale production after more than a decade of struggling with gas supply issues, marking a major turnaround for one of the country's leading tableware manufacturers.
With uninterrupted gas flow now restored, the pioneering ceramic tableware manufacturer is gaining fresh momentum and cementing its position as the preferred choice of elite institutions and global brands, said the company in a press release.
In a remarkable comeback, Monno has secured prestigious orders from multinational companies, five-star hotels and luxury resorts, top government institutions and leading business conglomerates, according to the press release.
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A new milestone came with Monno's strategic partnership agreement with Crowne Plaza Airport, making it the hotel's official tableware supplier. Crowne Plaza Airport is an IHG Hotel and is located near the Hazrat Shahjalal International Airport in Dhaka.
The company also reaffirmed its heritage by producing special gift items for the Rapid Action Battalion (RAB) as part of their Raising Day celebrations, the release stated.
"This resurgence is a testament to our legacy, resilience, and relentless pursuit of excellence," said Rasheed Mymunul Islam, managing director of Monno Ceramic. "For over 40 years, Monno has been a symbol of quality and trust in Bangladesh and beyond. The renewed trust from our partners and the growing demand validate that heritage and propel us into a new era of growth and distinction."
He further said throughout its 15-year struggle, Monno remained committed to quality, trust, and innovation.
"Today, with full production restored, it is poised to meet rising local and global demand with a revitalised focus. This chapter marks the continuation of a four-decade legacy – a brand that has shaped Bangladeshi craftsmanship and is now ready for an even brighter future," he added.
Monno Ceramic listed on the Dhaka bourse in 1984. Yesterday, its shares closed 3.01% higher at Tk78.30.
For the last fiscal year, the company paid a 1% cash dividend and posted a net profit of Tk1.46 crore – significantly lower than the previous year's earnings.
