Power Grid Returns to Profit After Two Years of Losses

Date:

Post View:

Power Grid Returns to Profit After Two Years of Losses

Power Grid Bangladesh PLC, a publicly listed company on the stock market, has returned to profitability after two consecutive years of losses. The company released its unaudited financial report for the first quarter (July–September 2025), ending on September 30, 2025.

The report was approved and published following a board meeting held on Sunday (November 9), according to company sources.

As per the financial statement, the company reported an earnings per share (EPS) of Tk 3.98 for the first quarter of the current fiscal year. In contrast, during the same period last year, it had recorded a loss per share of Tk 2.81.

Power Grid’s cash flow per share also improved to Tk 7.01, up from Tk 5.74 in the corresponding quarter of the previous year. Additionally, the company’s net asset value per share (NAVPS) stood at Tk 145.23 as of September 30, 2025.

Market analysts noted that the turnaround marks a significant recovery for the company, reflecting improved financial performance and operational efficiency after a prolonged period of losses.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

Asian Tourism Fair Begins at ICCB

B.Mirror Desk: The three-day 13th Asian Tourism Fair (ATF)...

‘Super Sale Car Bazar’ Returns to ICCB’s Premium Venue This Friday

B.Mirror Desk: The popular 'Super Sale Car Bazar' is...

Shahjalal islami bank chairman elected ibcf chairman

  The 67th Meeting of the Islamic Banks Consultative Forum...

UCB, BYD Bangladesh partner to ease vehicle financing

United Commercial Bank PLC (UCB) and BYD Bangladesh have...