MJL Bangladesh’s consolidated earnings per share (EPS) fell 32 per cent year-on-year in the July-September quarter of 2026 as higher financial charges and lower non-operating income weighed on its profit.
According to the company’s latest unaudited disclosure to the Dhaka Stock Exchange (DSE), its EPS of Tk2.08 for the first quarter, down from Tk3.06 in the same period a year earlier.
The results for the three months ended 30 September were approved by the board of directors on Tuesday.
Despite the earnings decline, consolidated net operating cash flow per share rose to Tk15.13 from Tk2.01 in the corresponding quarter of 2025.
The company attributed the increase mainly to improved working capital efficiency.
Consolidated net asset value per share stood at Tk61.97 on 30 September, compared with Tk59.90 on 30 June.
The quarterly results follow the board’s recommendation of a 50 per cent cash dividend for the financial year ended on 30 June 2026.
For the full year, the company reported consolidated EPS of Tk11.04, compared with Tk11.36 in the previous financial year.
The leading lubricant company’s annual general meeting is scheduled for 22 December at 10:30am on a digital platform.
The record date for determining shareholders’ dividend entitlement is 17 November.
