Company · Analysis · 31 Oct 2026
Western Marine Shipyard: Tk 916.5m of FY2025 revenue, Tk 23.7bn of term loans and a qualified audit opinion
Revenue has been Tk 0.8bn-0.9bn a year since FY2021, financial expenses exceeded operating profit in each of those years, and the auditor qualified the FY2025 accounts on Tk 3.6bn of advances and four other matters.
What it is. Western Marine Shipyard Limited (WMShL) was incorporated on 11 July 2000, builds and repairs ships at Kolagaon, Patiya, Chattogram, and registered with the Board of Investment as an export-oriented shipbuilder in March 2008; it became a public limited company on 10 September…