Discover MJL Bangladesh Limited's Role in Bangladesh's Business Landscape

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MJL Bangladesh Limited is a prominent player in Bangladesh's business landscape. The company has been a key contributor to the country's economic growth.

With a strong presence in the country, MJL Bangladesh Limited has established itself as a reliable partner for various industries.

Its commitment to quality and customer satisfaction has earned it a loyal customer base.

As a result, the company has been able to expand its operations and reach new markets.

Financials

MJL Bangladesh Limited's financials are a great place to start understanding the company's overall performance.

The company's annual revenue was $146.7 million in 2025.

This is a significant figure, and it gives us an idea of the company's size and scope.

MJL Bangladesh Limited's annual revenue was $146.7 million in 2025.

Leadership

MJL Bangladesh Limited has a clear leadership structure in place, with Mukul Hossain serving as the CEO.

Mukul Hossain's leadership has been instrumental in driving the company's success, and his vision has guided the organization's growth and development.

As the CEO, Mukul Hossain is responsible for making key strategic decisions and overseeing the overall direction of the company.

Employment Count

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In the world of leadership, having a strong team behind you is crucial. 26 people are employed at MJL BANGLADESH LIMITED.

Having a small team can be beneficial as it allows for more focused decision-making and a sense of closeness among team members.

Effective leaders know how to leverage the strengths of each team member to achieve common goals.

CEO Of

The CEO is a crucial role in any organization. Mukul Hossain is the CEO of MJL BANGLADESH LIMITED.

Knowing who's in charge can make a big difference in how a company operates. The CEO is responsible for making key decisions and setting the direction for the company.

Mukul Hossain's leadership is likely shaped by his experience as the CEO of MJL BANGLADESH LIMITED. His role involves overseeing various aspects of the company.

Having a clear understanding of who's in charge can also help you navigate the organizational structure. This knowledge can be particularly useful for those working within the company or interacting with it.

Partnerships

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MJL Bangladesh Limited has formed a significant partnership with Dhaka Bank Limited. They signed an agreement on December 1 to provide cash management services to the client.

Dhaka Bank Ltd will be responsible for providing these services to MJL Bangladesh Limited. This partnership will likely have a positive impact on the client's financial operations.

The agreement was signed at Dhaka Bank Limited's Gulshan head office in the presence of several senior officials from both organizations.

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About Bangladesh

MJL Bangladesh Limited is a prominent player in the lubricant manufacturing sector in Bangladesh, operating as a joint venture between the state-owned Jamuna Oil Company and EC Securities Limited.

The company is headquartered at Mobil House in Dhaka and was established in 1998. MJL Bangladesh serves a diverse range of sectors, including automotive, industrial, marine, and agricultural.

MJL Bangladesh has a state-of-the-art Lube Oil Blending Plant (LOBP), the first of its kind in Bangladesh, which was commissioned in 2003 to meet the growing demand for high-quality lubricants across various industries.

The company employs advanced blending technologies and rigorous quality control measures to ensure that its products meet international standards. MJL Bangladesh is committed to innovation and quality.

MJL Bangladesh has a website at http://www.mjlbl.com and employs between 201-500 employees.

Dhaka Bank Signs Deal

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Dhaka Bank Limited signed an agreement on December 1 for providing cash management services to MJL Bangladesh Limited.

The agreement was signed at Dhaka Bank Limited's Gulshan head office in the presence of Emranul Huq, managing director and CEO of Dhaka Bank Limited.

Mustafa Husain, SEVP and manager, Gulshan Branch, Dhaka Bank Limited, and M Mukul Hossain, CEO of MJL Bangladesh Limited, signed the agreement.

Akhlakur Rahman, SEVP and head, Corporate Banking Division, Dhaka Bank Limited, and M Mukul Hossain exchanged the agreements on behalf of their respective organizations.

Senior officials from both organizations, including Mohammad Abu Jafar, additional managing director, Dhaka Bank Limited, and Syed Muhammad Rahmatul Mujeeb, FCA, head of Finance and Planning, MJL Bangladesh Limited, were also present at the signing ceremony.

Dhaka Bank Ltd will provide cash management services to the client under the agreement.

Corporate

MJL Bangladesh Limited has a history of corporate actions that are worth noting.

The company has a record of paying dividends, with notable payments in 2015, 2016, and 2018.

Credit: youtube.com, Biography of Mr. Azam J. Chowdhury (MD of MJL Bangladesh Limited & Chairperson of East Coast Group)

MJL Bangladesh Limited also had a bonus issue in 2016, which is a type of corporate action that increases the number of shares outstanding.

Here's a list of some of the notable corporate actions taken by MJL Bangladesh Limited:

  • 2015: Dividend payment
  • 2016: Dividend payment and bonus issue
  • 2016: Dividend payment (second occurrence)
  • 2018: Dividend payment

Alexander Kassulke

Lead Assigning Editor

Alexander Kassulke serves as a seasoned Assigning Editor, guiding the content strategy and ensuring a robust coverage of financial markets. His expertise lies in technical analysis, particularly in dissecting indicators that shape market trends. Under his leadership, the publication has expanded its analytical depth, offering readers insightful perspectives on complex financial metrics.

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