Shares of Summit Alliance Port Limited (SAPL) have surged by 108% since June, driven by strong profit growth, rapid revenue expansion, and growing expectations of a generous dividend. The company’s share price closed at Tk43.20 on the Dhaka Stock Exchange (DSE) as of yesterday, up from Tk20.80 on 22 June, reflecting heightened investor confidence in the inland container terminal and logistics operator. During the first nine months of the 2024-25 fiscal year, SAPL reported a remarkable 313% year-on-year increase in consolidated revenue, reaching Tk612 crore, compared to Tk148 crore in the same period a year earlier.

The strong performance was primarily fueled by its logistics subsidiary, Container Transportation Services (CTS), which generated Tk440 crore in sales, accounting for 72% of total revenue. Consolidated profit also more than doubled, rising 106% to Tk69 crore, while earnings per share stood at Tk2.34 for the period. Last fiscal year, SAPL posted a net profit of Tk41 crore and paid a 15% cash dividend, further raising shareholder expectations of a similar or higher payout this year.

SAPL’s rapid growth has also been supported by strategic initiatives, including its partnership with Germany-based Hellmann Worldwide Logistics. In January 2025, Hellmann subscribed to 3.33 lakh new shares of CTS at Tk66.50 each under a deal aimed at expanding SAPL’s international reach and improving operational efficiency across South Asia. CTS, established in 2013, has evolved from a domestic transportation service provider into a key player in freight forwarding, after securing a customs licence in June 2024.

The company’s ownership structure further underlines its strong backing, with Alliance Holdings Ltd owning 23.48%, Summit Holdings Ltd holding 8.07%, and key individuals such as Jowher Rizvi (Managing Director of SAPL and founder of Alliance Holdings) and Aziz Khan (Chairman of Summit Group) holding 5.48% and 7.03%, respectively. With strong earnings, strategic global partnerships, and bullish investor sentiment, SAPL is positioning itself as a major force in Bangladesh’s logistics sector.