Olympic Industries Limited

Biscuit and Bakery Company in Bangladesh

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Olympic Industries Limited

 

Olympic Industries is currently the leading maker, seller, and marketer of biscuits in Bangladesh. This includes all aspects of the business. Since 1979, it has maintained its high standard of quality and has become quite well-known. It continues to leave behind a legacy. Because Olympic’s customers have high expectations of the company, the company has been placing a significant amount of attention on ensuring that those expectations are met. As a direct consequence of this, they have a sizable following of devoted patrons. In addition to that, they are regularly releasing new product lines.

 

Olympic cookies like Energy Plus, Tip, Choco Marie, Nutty, Marie Gold, Coconut, Milk Marie, and Pineapple are among the most popular varieties. Other popular varieties include Coconut, Milk Marie, and Pineapple. Despite this, Olympic manufactures confectionery, candy, and various other types of snack foods. They include a bakery line, three confectionery lines, and seven different product lines that are all related to biscuits.

According to a report published by EBL, Olympic Industries holds approximately thirty percent of the market share in the industrialized and organized biscuit market. The total revenue for the fiscal year 2018 amounted to $154.4 million, with net margins decreasing from the previous year primarily due to a change in accounting policy and a corporate reorganization of the sales and marketing departments. The total revenue for the fiscal year 2018 amounted to $154.4 million. This resulted in an increase of $2.03 million in selling expenses, which was necessary in order to achieve greater performance over the long term.

The net profit margin of Olympic Industries expanded by 13.72% on a compound annual growth rate basis between 2012 and 2016, while the company’s gross profit margin increased by 7% on the same scale. This expansion was mostly the consequence of concerted efforts to boost production efficiency and make the most of economies of scale. In order to maintain these profit margins even while expanding and introducing new product lines, the company has been working toward vertically integrating its supply chain as a means of overcoming the difficulties that stand in the way of obtaining full automation.

 

Contact Info:

  • Address: Head Office, Amin Court, 6th Floor, 62-63 Motijheel C/A
    Dhaka-1000
  • Email: info@olympicbd.com
  • Phone: +88 09-606565228
  • Web: http://olympicbd.com

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