Atlas Bangladesh Limited

Atlas Bangladesh Limited

DDSE:ATLASBANG
82.20
BDT
+0.60
(+0.74%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Mohammed Ajibor Rahman
Full Time Employees
68
Sector
Consumer durables
Industry
Motor vehicles
Address
Gazipur Bangladesh
IPO Date
Nov 25, 2007
Business
Atlas Bangladesh Limited is an automotive manufacturing and marketing company that specializes in the assembly, import, distribution, and servicing of motorcycles, electric vehicles, power generators, and automotive spare parts. The company operates through distinct business divisions including Two-Wheeler Assembly, Electric Mobility, Power Equipment, and Spare Parts & Maintenance Services. Its product and service offerings encompass standard commuter and executive motorcycles ranging from 80cc to 150cc engine displacements; battery-powered electric motorcycles and electric scooters; three-wheeler commercial and passenger vehicles; gasoline and diesel power generation units; genuine replacement components, including engine assemblies, transmission parts, electrical components, suspension systems, tires, and batteries; specialized automotive lubricants; and comprehensive after-sales technical support, warranty repairs, and scheduled maintenance services. Atlas Bangladesh Limited caters to a broad customer segment across Bangladesh, serving individual retail consumers, commercial operators, fleet enterprises, and government and semi-government institutional buyers. Founded in 1966 and operating as an enterprise of the state-owned Bangladesh Steel and Engineering Corporation, the company is headquartered in Tongi, Gazipur, Bangladesh. In recent years, Atlas Bangladesh Limited has implemented strategic initiatives to expand its market presence and modernize operations, including forming strategic technical and commercial partnerships with international manufacturers such as Chongqing Zongshen Group to assemble and market modern two-wheelers and three-wheelers, venturing into the green transport segment through the introduction of electric two-wheelers, modernizing its Tongi manufacturing and assembly facilities, and establishing contract manufacturing arrangements to enhance plant capacity utilization.