Two publicly listed companies The Dacca Dyeing & Manufacturing Company and Alltex Industries have announced that they will not declare any dividend for shareholders for the fiscal year 2024–25. The decisions came from separate board meetings held on Sunday.
The Dacca Dyeing & Manufacturing Company posted a significantly wider loss in FY25, with the net loss surging to Tk50.72 crore, compared to a loss of Tk22.49 crore in the previous fiscal year.
As a result, the company’s loss per share (EPS) jumped to Tk5.82 in FY25 a 126% increase from Tk2.58 in FY24. Despite the heavy losses, the company maintained a net asset value (NAV) per share of Tk25.71 at the end of the fiscal year.
Interestingly, the company’s share price rose by 1.12% to Tk18.10 on the Dhaka Stock Exchange (DSE) on Monday, signaling some continued investor interest despite its deteriorating financials.
Dacca Dyeing also reported weak performance in the first quarter of FY25. For July–September, the company posted an EPS loss of Tk1.51, compared to a loss of Tk0.44 in the same quarter last year indicating persistent operational challenges amid rising costs and sector-wide pressure in the textile industry.
The company has scheduled its annual general meeting (AGM) for 16 January 2026. However, the record date for determining shareholders’ eligibility has not yet been set.
Alltex Industries also reported a full-year loss for FY25, extending the downward trend of the previous fiscal year. The company recorded a net loss of Tk1 crore, compared to a loss of Tk0.56 crore in FY24.
Its loss per share (EPS) rose sharply to Tk0.18, up from Tk0.01 in the previous fiscal year, reflecting increased financial strain. Nevertheless, the company’s NAV per share remained stable at Tk24.77 at the end of FY25.
On Monday, Alltex Industries’ share price declined by 2.16% to Tk13.40 on the DSE, indicating subdued investor sentiment.
The company said it will announce the date, time, and venue of its AGM after receiving condonation of delay from the High Court Division of the Supreme Court of Bangladesh. The record date for shareholders eligible to attend has been set for 7 January 2026.
