National Tubes Limited

National Tubes Limited (Bengali: ন্যাশনাল টিউবস লিঃ) is a Bangladesh government owned company that manufactures metal pipes.[1] It was the first pipe manufacturing company in Bangladesh and the largest.[2] Md. Rois Uddin is the chairperson and Sa. M Ziaul Huq is the managing director of the company respectively.[3]

National Tubes Limited
Formation1964
HeadquartersDhaka, Bangladesh
Region served
Bangladesh
Official language
Bengali
WebsiteNational Tubes Limited

History

National Tubes Limited was established in Tongi Industrial Area in 1964 by Adamjee Group. After the Independence of Bangladesh, the company was nationalised in 1972. The government off loaded 49 percent of the shares in 1989 on Dhaka Stock Exchange; converting the company into a public limited company. The company had three units, established in 1964, 1980, and 1983 respectively. The first unit was decommissioned in 1993.[2][4]

National Tubes Limited made 922 milion taka profit in the 2019-2020 fiscal year. It is owned by Bangladesh Steel and Engineering Corporation.[4] The company had received a major contract from Dhaka Mass Transit Company Limited for supplying Dhaka Metro Rail project.[5] The company was one of the most traded on the Dhaka Stock Exchange.[6][7]

References
  1. "Proper govt guidance is key to sustainable growth". The Daily Star. 9 October 2011. Retrieved 15 August 2020.
  2. ন্যাশনাল টিউবস লিঃ. ntl.gov.bd. Retrieved 15 August 2020.
  3. "Board of Directors". ntl.gov.bd. Retrieved 15 August 2020.
  4. "State-owned National Tubes Limited returning to profit". unb.com.bd. Retrieved 15 August 2020.
  5. "Metrorail brings National Tubes back on moneymaking track". The Business Standard. 9 May 2020. Retrieved 15 August 2020.
  6. "Golden Harvest stocks jump on news of JV with IFC". The Daily Star. 27 September 2019. Retrieved 15 August 2020.
  7. "Stocks bleed despite GP surge". The Daily Star. 20 September 2019. Retrieved 15 August 2020.


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