Company · Analysis · 31 Oct 2026
Lub-rref (Bangladesh): FY2025 net loss of BDT 662.7m, a qualified audit on seven bases, and a 9M FY2026 loss of BDT 322.7m
The BNO Lubricants maker reported FY2025 revenue of BDT 646.1m, financial expenses on loan of BDT 444.9m and a net loss of BDT 662.7m. Its auditor qualified the accounts on seven bases, including assets of an estimated Tk. 114.92 Crore that could not be traced and an unspent IPO balance.
Lub-rref (Bangladesh) PLC was incorporated as a public company limited by shares on 18 November 2001, started commercial operation in 2006 and listed on the Dhaka and Chittagong stock exchanges in 2021. Its principal activities are 'to manufacture of lubricants & allied products' at its…