BRAC Bank PLC has reported its highest-ever quarterly profit for the July-September period this year, registering a 50 per cent year-on-year increase. The third-generation commercial bank posted a consolidated profit of Tk 6.30 billion, up from Tk 4.20 billion in the same quarter the previous year
The benchmark equity index of the Dhaka Stock Exchange (DSE) closed in the green this week, recovering from two consecutive weeks of losses, as investors showed renewed buying interest in selective stocks that posted strong earnings growth in their latest financial disclosures. Market analysts poi
Summit Power reported a whopping 88 per cent year-on-year decline in profit to Tk 0.41 billion in FY25 due to the shutdown of nearly half of its plants and an impairment loss of Tk 1.52 billion shown in its financial statements. As the government has shifted its power policy towards renewable ener
Asia Floor Wage Alliance (AFWA) has called for a transparent public investigation into both fires -- Mirpur and Chattogram factories with full disclosure of factory ownership and sourcing brands. Expressing its solidarity with victims and their families, the AFWA, a global coalition of labor and s
Singer Bangladesh's loss escalated 160 per cent year-on-year to Tk 480 million in the third quarter through September this year despite higher sales, due to a significant increase in finance costs. The multinational electronics and home appliance manufacturer has reported negative earnings of Tk 4
Beacon Pharmaceuticals posted an impressive 81 per cent year-on-year profit growth to Tk 947 million in FY25, driven by record sales and higher income from investment. The company's expanded distribution network also played a role in achieving the 17 per cent year-on-year revenue growth to Tk 12.5
An inspection team of the Dhaka Stock Exchange (DSE) found Pacific Denims' factory shut during a visit on Wednesday. In a stock exchange filing, the premier bourse informed that a team had gone to Gazaria in Munshiganj, where the company's factory is located, to examine its current operational sta
Khan Brothers PP Woven Bag Industries reported a more than 27-fold jump year-on-year in profit to Tk 27.48 million in FY25, a feat attained through what the company claims is a strategic shift in business policy. The woven bag manufacturer posted earnings per share of Tk 0.27 for FY25, up from Tk
Square Pharmaceuticals has posted a record annual profit of Tk 23.97 billion in FY25, driven by higher sales and substantial earnings from subsidiaries. The country's largest drug manufacturer, and a flagship company of Square Group, registered a 14.5 per cent year-on-year profit growth for the ye
Chief Adviser’s Special Assistant Anisuzzaman Chowdhury on Wednesday stressed the need for ensuring operational autonomy of the Bangladesh Securities and Exchange Commission (BSEC) to strengthen its role as the capital market regulator as enjoyed by the central bank. “If Bangladesh Ban
Sena Kalyan Insurance saw its third-quarter profit slump by 16.7 per cent year-on-year to Tk 32.40 million, as revenue from its core underwriting business fell sharply while management expenses continued to climb. The army-run general insurer saw a 67 per cent year-on-year decline in profit from i
The stock market regulator has ordered LR Global Bangladesh Asset Management Company to recover the investment it made in Padma Printers & Colour three years ago in breach of securities rules. The Bangladesh Securities and Exchange Commission (BSEC) at the same time has imposed fines on six top of
LafargeHolcim posted a 36 per cent year-on-year profit growth to Tk 1.20 billion in July-September - a remarkable feat at a time when the construction industry is reeling from sharp cuts in both public and private investment. The success was achieved due to higher sales of premium products and agg
