FAS Finance & Investment reported a wider loss for the first quarter of 2026 and recommended no dividend for the year ended in December 2025, underscoring continued pressure on its balance sheet amid sustained operational losses and regulatory provisioning requirements.
According to unaudited financial statements, consolidated net loss per share stood at Tk5.16 for January–March 2026, compared with the smaller net loss per share of Tk4.63 in the same period a year earlier.
Consolidated NOCFPS was negative Tk0.23 during the quarter, against negative Tk0.16 a year earlier.
Consolidated net asset value per share declined to minus Tk153.21 at the end of March 2026, reflecting continued erosion in underlying asset quality.
The company said the deterioration in financial indicators was driven by ongoing operational losses alongside regulatory provisioning requirements.
For the year ended on 31 December 2025, the board recommended no dividend as the non-bank financial institution incurred a consolidated loss of Tk22.65 per share, up from another Tk21.37 loss per share in 2024.
The record date has been fixed for July 30, 2026, with the date and time of the annual general meeting to be announced later.
Following the disclosure, FAS Finance shares, with a face value of Tk10, closed unchanged at Tk1.20 on the Dhaka Stock Exchange on Sunday.
