BBS Cables PLC reported a 25.6 per cent increase in annual losses to Tk107.56 crore in FY2025–26, with earnings, net asset value and operating cash flow all deteriorating.
The cable manufacturer’s net loss widened from Tk85.66 crore a year earlier, while loss per share increased to Tk5.08 from Tk4.05, according to audited financial statements approved by its board on Tuesday.
Despite the mounting losses, the board recommended a cash dividend of just 0.25 per cent for the financial year ended 30 June 2026, equivalent to Tk0.025 per share with a face value of Tk10.
Net asset value per share fell 18.1 per cent to Tk22.93 from Tk28.01, reflecting a decline in the company’s net asset position.
Net operating cash flow per share, a measure of cash generated from regular business activities, dropped 23.7 per cent to Tk1.06 from Tk1.39.
The figures show that BBS Cables continued to generate positive operating cash flow despite its widening losses, although cash generation weakened from the previous year.
The company has scheduled its 18th annual general meeting for 15 December through a hybrid physical and digital arrangement at its Mohakhali corporate office in Dhaka.
The record date for determining shareholder eligibility is 17 November.
