Business

Olympic to import cookie production line worth Tk 13.19 crore

The company will bring in the equipment from a company in China
Photo: Olympic Industries Ltd

Olympic Industries Ltd will import a new multi-colour cookie production line with standard accessories at a cost of around Tk 13.19 crore.

The company's board approved the decision at a meeting held on May 21, according to a disclosure posted on the Dhaka Stock Exchange (DSE) website today.

The equipment, which has an annual production capacity of 9,048 tonnes, will be procured from Zhongshan Dingson Food Machinery, based in Guangdong Province, China, for $1,081,500, equivalent to around Tk 13.19 crore, Olympic said.

The new production line will be installed and commissioned at the company's Madanpur factory, located in Narayanganj.

As of April 30, 2025, the shareholding structure of Olympic Industries stood at: sponsors and directors 32.38 percent, institutional investors 20.65 percent, foreign investors 34.21 percent, and the public 12.76 percent, according to DSE data.

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