Eastern Cables Ltd.
DDSE:ECABLES116.60
BDT
-0.60
(-0.51%)
ISIN
BD0206ESTCB6
Return %
Stock
S&P 500
1Y
2.28
14.20
3Y
-35.83
81.12
5Y
-10.45
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Abdul Malek Morol
- Full Time Employees
- 102
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- Chittagong Bangladesh
- IPO Date
- Nov 25, 2007
- Website
- easterncables.gov.bd
- Similar Companies
- Business
- Eastern Cables Limited (DSE: ECABLES) is a Bangladesh-based state-owned industrial enterprise engaged in the manufacturing, marketing, and distribution of electrical wires, power cables, and overhead transmission conductors. Founded in 1967 under the state-run Bangladesh Steel and Engineering Corporation (BSEC) and commencing commercial production in 1971, the company is headquartered in Patenga, Chattogram, Bangladesh. Eastern Cables operates as the nation's pioneer and largest public-sector cable manufacturer, supplying state power transmission and distribution utilities, rural electrification bodies, infrastructure developers, and industrial and residential commercial markets across Bangladesh. The company's core product and service portfolio comprises low-tension (LT) domestic and building installation wires; medium- and high-tension (HT) power cables rated up to 12 kV; single-core and multicore PVC-insulated and PVC-sheathed power cables; flexible copper cables and multi-pair control cables; specialized metal-armoured and screened industrial cables; bare and insulated All Aluminium Conductors (AAC); Aluminium Conductor Steel Reinforced (ACSR) overhead transmission conductors; and custom in-house PVC compound formulations manufactured in adherence to BDS, VDE, ASTM, and British Standard specifications. In recent developments, Eastern Cables has undertaken operational rationalization and strategic realignment initiatives under BSEC oversight to navigate fluctuating public utility work orders, raw material cost pressures, and domestic financing obligations. The company is actively pursuing Balancing, Modernization, Rehabilitation, and Expansion (BMRE) programs aimed at replacing aging production equipment, optimizing plant efficiency, upgrading quality assurance testing facilities, and bidding for national power grid modernization tenders to expand domestic market share.