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Energypac loss doubles as revenue falls

Energypac loss doubles as revenue falls
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Energypac Power Generation’s loss per share more than doubled to Tk11.16 in FY26 from Tk5.50 a year earlier, as falling revenue and higher finance costs pushed the company deeper into losses.

Net operating cash flow per share also plunged to Tk0.22 from Tk3.55, reflecting weaker revenue and credit recovery, alongside higher procurement and debt-servicing costs, the company said in its disclosure.

Energypac attributed the revenue decline to its inability to open new letters of credit amid foreign currency shortages and global supply-chain disruptions. This forced it to rely more heavily on higher-priced local procurement and restricted its ability to import materials.

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Lower sales volumes, increased input costs linked to currency depreciation, higher fuel prices and inflationary pressure squeezed gross profit and reduced operating profit to near break-even, the company said.

আরও পড়ুন

Higher borrowing and elevated interest rates further increased finance costs, resulting in a larger net loss for the year. The company also cited increased debt-servicing obligations to external lenders as a factor behind the decline in operating cash flow.

Energypac’s net asset value per share fell to Tk21.61 at 30 June 2026 from Tk32.86 a year earlier, including revaluation. Without revaluation, NAV per share declined to Tk10.21 from Tk21.16.

Energypac shares, having a face value of Tk10, fell 1.99 per cent to close at Tk14.80 on the Dhaka Stock Exchange on Sunday.

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The board recommended a 1 per cent cash dividend for general shareholders only for FY26. The 31st annual general meeting will be held on 27 December at 11am at SKS Tower in Dhaka. The record date is 30 November.

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