The Bangladesh Bank (BB) has appointed an administrator at the problem-ridden ICB Islamic Bank in a fresh move to safeguard depositors and investors and restore governance at the lending institution. Mamunur Rahman, an executive director of the central bank, has been assigned as administrator, acc
United Power Generation & Distribution Company reported a steep 35 per cent year-on-year plunge in profit in the third quarter of FY26 due to lower electricity sales and higher finance costs. The power producer's consolidated profit declined to Tk 2.76 billion in the January-March quarter this yea
Renata's profit surged 33 per cent year-on-year to Tk 0.78 billion in the third quarter to March, driven mainly by a sharp fall in finance costs following major capital restructuring exercises. An increase in revenue also contributed to the business performance. "We have been able to grow our rev
Listed real estate company Eastern Housing Limited (EHL) reported a moderate growth of 6.36 per cent in profit for the third quarter of FY26 to Tk 181.25 million. However, its operating cash flow turned sharply negative due to higher investment in land inventory. The company’s earnings per
Reckitt Benckiser (Bangladesh) secured an 8.64 per cent year-on-year growth in profit to Tk 817 million in 2025, supported by higher sales and a sharp decline in finance costs. Earnings per share (EPS) of the UK-based multinational firm that sells health and hygiene-related products jumped
Reckitt Benckiser (Bangladesh) has declared 1730 per cent cash dividend for 2025. In 2024, the company paid a 3330 per cent cash dividend. The company’s profit grew 8.64 per cent year-on –year to Tk 817 million for the year, supported by higher sales and a sharp decline in finance cost
The securities regulator has taken punitive action against three audit firms and their three partners over serious irregularities in the auditing of Ring Shine Textiles Limited. The Bangladesh Securities and Exchange Commission (BSEC) has imposed a three-year ban on the audit firms Ata Khan & Co.,
Envoy Textiles has decided to invest in resource mobilisation, through which recycled and recovered cotton will be used to produce yarn at scale. The implementation of the plan will improve waste management as well as expand production capacity, helping the company forgo reliance on external
Stocks opened higher on Monday, as opportunistic investors showed buying interest in December-closing stocks despite the geopolitical tensions that continued to cloud the near-term outlook. Market analysts said investors selectively accumulated in banking and insurance stocks, helping keep indices
Listed healthcare provider Samorita Hospital reported a loss of Tk 1.37 million in the third quarter (January-March) of FY26, as revenue declined by more than 3 per cent while administrative expenses rose by over 11 per cent. During the same period a year ago, the company earned a profit of Tk 6.4
BRAC Bank reported its highest-ever annual profit in 2025, buoyed by substantial earnings from investments and contributions from subsidiaries. The third-generation private commercial bank posted a consolidated profit of Tk 22.51 billion for the year, marking a 57 per cent increase compared to the
Most listed multinational companies experienced a sharp year-on-year decline in profits in 2025, weighed down by elevated finance costs, persistent macroeconomic challenges, and political uncertainty. Sluggish demand, driven by prolonged high inflation, alongside rising raw material costs, has com
Stocks opened higher on Sunday, as opportunistic investors engaged in broad-based bargain hunting on beaten-down equities, even as geopolitical tensions continued to cloud the near-term outlook. Market analysts said investors selectively accumulated undervalued stocks, helping keep indices afloat
