Company · Analysis · 31 Oct 2026
Atlas Bangladesh: ten loss years to FY2025, a qualified audit with a going-concern paragraph, and 9M FY2026 sales of BDT 157m
The BSEC-controlled motorcycle assembler lost BDT 40.9m in FY2025 on sales of BDT 180.3m; the auditor qualified the accounts and drew attention to a material uncertainty on going concern. Nine-month FY2026 sales rose 46% and gross profit was BDT 2.6m.
Atlas Bangladesh Limited (ABL) is an enterprise of the Bangladesh Steel and Engineering Corporation (BSEC) under the Ministry of Industries. It was incorporated as a private limited company in 1966, became a public limited company, and assembles motorcycles and imports spare parts at Tongi, Gazipur.…