Desco has seen a reduction in its losses

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Desco has seen a reduction in its losses

B Mirror Desk :Dhaka Electric Supply Corporation Limited (DESCO), a publicly traded energy and power sector corporation, has issued its unaudited financial report for the third quarter ended March 31, 2025. The company’s loss per share dropped in the current quarter compared to the same period last year.

The company’s board of directors met on Saturday (April 26) to evaluate and approve the financial report for the third quarter of the current fiscal year. This information was disclosed by company sources.

According to the source, the corporation lost 1 taka and 83 paisa per share in the third quarter. Last year, the company lost 1 taka and 89 paisa per share during the same time.

On the other side, the corporation lost 1 taka 98 paisa per share over the last three quarters. Last year, it lost 6 taka and 82 paisa in the same period.
In the first three quarters, the company’s cash flow per share was 6 taka 98 paisa, compared to 1 taka 99 paisa the previous year.
The company’s net asset value per share (NAVPS) on March 31, 2025 was Tk 36.16.

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