Confidence Cement PLC
DDSE:CONFIDCEM58.50
BDT
+0.60
(+1.04%)
Confidence Cement PLC
DSE:CONFIDCEM
(Dhaka Stock Exchange)
Recent
price
58.50
P/E
ratio
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div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Confidence Cement PLC is a Bangladesh-based manufacturer and distributor of building materials, operating as a core constituent of the industrial conglomerate Confidence Group. Founded in 1991 and headquartered in Chattogram, Bangladesh, the company specializes in the production, marketing, and distribution of hydraulic cement and allied construction products. The company's principal product portfolio includes Portland Composite Cement (PCC); Ordinary Portland Cement (OPC); Portland Pozzolana Cement (PPC); Ready-Mix Concrete (RMC); and concrete building components, commercialized under proprietary brand names including Confidence Cement, Confidence Classic, Confidence Supreme, and Confidence Ultra. Confidence Cement PLC operates modern manufacturing and grinding facilities located in Sitakunda, Chattogram, and Palash, Narsingdi, distributing products across domestic retail markets, commercial construction networks, and national infrastructure megaprojects throughout Bangladesh. In addition to its core construction materials operations, the company holds strategic equity investments in infrastructure and utility assets, most notably through its associate entity Confidence Power Holdings Limited, which develops and operates heavy fuel oil-based independent power plants supplying electricity to the Bangladesh Power Development Board. Recent operational and corporate developments include the formal transition of the company's legal name from Confidence Cement Limited to Confidence Cement PLC in alignment with regulatory compliance; the commercial ramp-up and operational optimization of its Unit-3 manufacturing plant in Narsingdi to expand overall clinker grinding capacity and strengthen distribution channels across central and northern Bangladesh; and the continued consolidation and capital expansion of its power generation joint ventures to reinforce diversified revenue streams.