Grameenphone (GP) is likely to see a moderate impact on its first-quarter (Q1) performance for 2026 due to ongoing volatility in global energy markets caused by geopolitical tensions in the Middle East.
In a disclosure to the Dhaka Stock Exchange (DSE), the company said the tensions have disrupted energy markets globally, leaving Bangladesh particularly exposed because of its reliance on imported fuels and LNG.
GP said this has resulted in increased volatility in energy supplies, higher fuel import costs, and early signs of constraints in energy supply and logistics.
Despite an overall stable operating environment, GP noted that these developments, combined with an already weak macroeconomic backdrop, have begun to affect economic activity and consumer behaviour.
The company observed early signs of pressure on mobility, business operations and disposable income.
Severe seasonal storms have further aggravated the situation, GP added.
Against this backdrop, GP expects its Q1 performance to be moderately affected.
Compared to the same period last year, revenue is projected to decline by approximately 2 per cent, while earnings before interest, taxes, depreciation and amortization (EBITDA) are expected to fall by around 3 per cent.
GP said the situation remains fluid and continues to evolve.
The company is actively monitoring developments and taking necessary measures to mitigate risks, ensure service continuity and maintain operational resilience, with a focus on sustaining its leading network performance and supporting customers and society during this period.
GP shares closed 1.34 per cent lower at Tk251.10 on the DSE on Tuesday.
