The securities regulator has granted additional time to 11 more market intermediaries to ensure compliance with provisioning requirements for unrealised losses and to adjust negative equity. The extension will take effect after December 31 this year, when the current deadline expires. Some institu
GPH Ispat reported a loss of Tk 246.78 million in FY25, the first since its listing, as demand for its products declined and production and finance costs increased. According to a filing on Tuesday, the company's earnings per share fell to negative Tk 0.51 per share from a profit of Tk 1.77 per sh
The Bangladesh Securities and Exchange Commission (BSEC), the country’s capital market regulator, has decided to conditionally extend the deadline for provision conservation and adjustment for 11 additional intermediary institutions. This decision aims to provide relief to firms struggling w
The nine non-bank financial institutions (NBFIs) now heading for liquidation under a Bangladesh Bank initiative were in good financial health even a decade ago. Their condition has gradually eroded over the years due to irregularities, loan scams and mismanagement under the watch of regulatory bod
Lub-rref (Bangladesh) has sunk deeper into the red within five years of listing, as its post-IPO expansion plan went haywire. The lubricant producer reported a loss of Tk 662 million for the year ended June this year, up from a loss of Tk 107 million a year earlier. The poor financial performance
