Reckitt Benckiser gained 21 per cent year-on-year profit growth to Tk 246 million in the third quarter through September this year, owing to higher sales and lower finance costs. That marks a turnaround, as the company's business had remained sluggish since 2021 after the pandemic waned, followed
Renata has posted a 38.6 per cent lower profit to Tk 2.22 billion for FY25 compared to the previous year, despite handsome revenue growth, as the cost of raw materials, labour, and finance increased. The drug maker showed Tk 19.36 as earnings per share for FY25, down from Tk 31.53 a year earlier,
United Power Generation & Distribution Company has posted an impressive 48 per cent year-on-year growth in profit to Tk 11.98 billion in FY25 - the highest annual profit since its listing. It attributed the profit increase to higher production, a hike in bulk tariffs, stable foreign exchange rates
Despite tough market competition, Robi Axiata secured a 28 per cent year-on-year surge in profit to Tk 2.42 billion in the third quarter through September this year, supported by higher revenue. Consolidated earnings per share (EPS) rose to Tk 0.46 in the July-September quarter this year from Tk 0
Bangladesh’s capital market fell again on Monday as key indices dropped in both Dhaka and Chattogram stock exchanges, with most company shares declining and overall turnover shrinking. At the Dhaka Stock Exchange (DSE), the benchmark DSEX index fell by 40 points. Shariah-based index DSES dro
The benchmark DSEX index extended its losing streak for a second consecutive session on Sunday, dragged down by cautious trading and a notable decline in turnover, reflecting subdued investor sentiment and risk aversion. The DSEX shed 0.78 per cent to close at 5,086.86 points, marking continued we
The securities regulator has formed a nine-member Shariah advisory council to facilitate the issuance of Shariah-compliant securities and promote the development of an Islamic capital market. The Bangladesh Securities and Exchange Commission (BSEC) on Sunday announced the names of the council memb
Kohinoor Chemical posted a record profit of Tk 632 million in FY25, driven by higher sales and a reduction in raw material prices. With that, the company registered more than 24 per cent year-on-year profit growth for the year through June, according to price-sensitive information published on Sun
With some stocks trading around Tk 1 per share, the prime bourse has reduced the smallest allowable price deviation in each transaction for such securities to Tk 0.01 from the existing Tk 0.10. The decision will come into effect on October 29, according to a stock exchange filing on Sunday, aimed
Despite higher revenue, Grameenphone's profit dropped slightly by 0.52 per cent year-on-year to Tk 7.51 billion in July-September this year, due to higher energy costs and operating expenses. The leading telecom operator's revenue stood at Tk 40.10 billion for July-September this year, registering
Mutual Trust Bank (MTB) PLC has intensified its focus on digital transformation to meet the banking needs of the rapidly expanding, technologically adept population more conveniently. As part of the bank's 'physital' (physical and digital) banking approach, the bank has been partnering with fintec
The new margin rules awaiting gazette notification are meant to keep both lenders and borrowers out of the negative equity trap. Some vested quarters opposed them, but the regulator has stayed firm in its position to bring necessary changes in loan facilities for investment in the secondary market
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
