SABINCO approves Tk 150m dividend at 42nd AGM

FE Team | Published: July 08, 2026 22:35:20

Saudi-Bangladesh Industrial and Agricultural Investment Company Limited (SABINCO) held its 42nd Annual General Meeting (AGM) at its head office in Nikunja, Dhaka, recently.
Reflecting a year of strong financial performance, the company approved a total cash dividend of Tk 150 million for 2025, backed by a robust net profit of Tk 552.88 million, says a press release.
The AGM, presided over by SABINCO Chairman Sultan Abdulrauf, provided a comprehensive review of the company's operational milestones, financial accounts, and expanding investment portfolio.
The meeting was attended by Dr. Md. Khairuzzaman Mozumder, Deputy Chairman & Secretary, Finance Division, Ministry of Finance, and Mohammed M. Almalki, Director, while Director Majid Alghamdi joined the proceedings virtually.
High-level ministerial and diplomatic representatives from both sponsoring governments were also in attendance. Md. Azimuddin Biswas, NDC, Additional Secretary, Financial Institutions Division, Ministry of Finance, represented the government of Bangladesh, while Fahad M. Alhusaini from the Saudi Ministry of Finance virtually represented the government of the Kingdom of Saudi Arabia.
SABINCO Managing Director, Md. Maroof ur Rahman Mazumder, alongside senior executive management, presented the company's strategic roadmap, emphasising future growth in industrial and agricultural investments.
SABINCO, which is a premier joint-venture financial institution, is dedicated to accelerating economic growth, industrialisation, and agricultural development through strategic investments and financial solutions.