Confidence Group
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| Private (except Cement) | |
| Industry | Construction, Manufacturing Engineering |
| Founded | 1991 |
| Headquarters | Dhaka, Bangladesh |
| Revenue |
US$ 100 million BDT 7.5 billion In fiscal year 2010-2011 |
| Website | confidencegroup |
Confidence Group of Companies Limited (also referred to as Confidence Group) is a Bangladeshi company, involved in manufacturing mid-tech manufacturing engineering products. The conglomerate commenced its operation in 1991 with cement manufacture, and is involved with power generation and the manufacture of Spun Pre-stressed Concrete (SPC) poles. Presently, the conglomerate claims to consist of 8 operational business entities. In the year 2011, the company claims that total revenues grossed to over 7.5 Billion Takas (roughly 100 million Dollars).
The conglomerate presently consists of:
Confidence Cement Limited manufactures of Portland cement in Bangladesh.It claims, on its own website, that it is in the “Top 20 Best Performing Companies” list consistently for over a decade.
Confidence Cement Limited purchased the ISO 9000:2002 Certification.
In the fiscal year 2010 - 2011 the company claims to have generated a comprehensive income of 242 Million Takas and distributed 40% of the profit to its shareholders as dividend.
Confidence Cement claims to be a member of the Bangladesh Cement Manufacturers Association.
In 2002 Confidence Group established a partnership with Asian Paints Ltd to form Asian Paints Bangladesh Limited (APBL).
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