Singer Bangladesh posts 60% profit growth in Q1

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Singer Bangladesh posts 60% profit growth in Q1

B Mirror Report: Multinational company Singer Bangladesh PLC reported a 60 percent increase in profit for the first quarter (January–March) of the 2026 financial year compared to the same period last year.

The financial results were disclosed after a board meeting held on Wednesday, where the company’s unaudited first-quarter performance was reviewed and approved. The data was later published in a price sensitive information (PSI) disclosure.

According to the company, earnings per share (EPS) stood at Tk 5.60 in the January–March period, up from Tk 3.50 in the same quarter last year. This marks an increase of Tk 2.10 per share, or 60 percent year-on-year growth.

However, the company’s net operating cash flow per share (NOCFPS) turned negative at Tk 21.42 during the quarter, compared to a positive Tk 4.79 in the same period of the previous year.

Singer Bangladesh also reported that its net asset value per share (NAVPS) stood at Tk 3.91 as of March 31, 2026.

The board meeting reviewed and approved the financial statements for the first quarter of the current fiscal year, the company added.

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