Published :
Updated :
For all latest news, follow The Financial Express Google News channel.
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 6.43 million.
According to a stock exchange filing on Sunday, loss per share stood at Tk 0.06 for the quarter to March this year, compared to earnings per share (EPS) of Tk 0.30 in the corresponding period last year.
During the third quarter of FY26, the company failed to grow revenue amid intensifying competition, despite strong overall demand for healthcare services. As a result, sales declined by 3.6 per cent year-on-year to Tk 101.15 million.
Costs, however, did not follow the same trend. Despite the fall in revenue, direct service expenses-including medical services, diagnostics, and pharmacy-rose by 1.4 per cent year-on-year to Tk 43.97 million in the quarter.
The company did not provide any explanation in its disclosure for the increase in costs. Administrative expenses also surged by 11 per cent to Tk 59.51 million, driven mainly by higher salary allowances and related overhead costs. Additionally, increased finance costs further eroded profitability, ultimately pushing the company into a quarterly loss.
Samorita Hospital, a private healthcare provider and one of the pioneers in Dhaka's medical sector, operates a 250-bed facility at Panthapath. The hospital offers services across 25 departments with more than 100 consultants, including general care, ICU, CCU, NICU, HDU, and dialysis.
For the nine-month period (July-March) of FY26, however, the company remained profitable, posting earnings of Tk 16.79 million-down 14.30 per cent from the same period of the previous year.
Earnings per share for the nine-month period declined to Tk 0.77 from Tk 0.90 a year earlier
Meanwhile, the company's share price rose 0.69 per cent to Tk 72.90 each on Sunday on the Dhaka Stock Exchange (DSE).
farhan.fardaus@gmail.com