Olympic Industries Plans Land Purchase in Narayanganj for Expansion

Olympic Industries announced it would pay a 35 percent cash dividend for the financial year 2025-26, which is higher than the 30 percent paid the previous year. The company also stated it plans to purchase 138 decimals of land in Narayanganj for Tk 3.38 crore to develop facilities for future expansion of its operations. During the same period, Olympic Industries reported revenue rising by more than 6 percent year on year to Tk 2,955 crore, although its earnings per share declined marginally to Tk 10.

The land purchase signals a commitment to scaling operations, while the reported revenue growth and increased dividend suggest financial stability for the leading biscuits and confectionery maker. Shares of Olympic Industries rose 1.26 percent to Tk 141.30 following the announcement.