GPH Ispat Ltd, one of the leading steel makers in Bangladesh, reported a massive drop in earnings during the financial year 2022-23 due to the spiral in raw materials prices and higher cost of the dollar in foreign currency transactions.

Unilever Consumer Care Limited (UCCL), the manufacturer of Horlicks in Bangladesh, said it generated a 25 percent year-on-year higher profit in the three quarters to September although revenue dropped.

The Chittagong Stock Exchange (CSE) hopes to launch Bangladesh’s first commodity exchange within six months after the relevant rules were gazetted and published today.

United Commercial Bank (UCB) PLC said its earnings fell 9 percent year-on-year in the first nine months of the current financial year 2023.

Profits of Dutch-Bangla Bank Ltd (DBBL) rose 3 percent year-on-year over the past nine months of 2023 despite registering a marginal decline in the third quarter, according to a company disclosure published today.

Profits of Mercantile Bank fell 33 percent year-on-year to around Tk 233 crore in the first nine months of the current calendar year, according to a company disclosure.

The construction firm declares 12.5% cash dividend

Prime Bank Ltd registered a 23 percent year-on-year increase in profit to Tk 345.17 crore in the January-September period of 2023.

Pubali Bank PLC, one of the country's oldest private banks, said its profit soared 16 percent year-on-year in nine months to the end of September 30 this year.

The Bangladesh Securities and Exchange Commission (BSEC) has separately fined an investor, a brokerage firm and top officials of two listed companies Tk 51 lakh in total for violating securities rules.

An IMF team meets BSEC officials today

Profits of Doreen Power Generations and Systems Ltd fell 61 percent year-on-year to Tk 64.8 crore in fiscal 2022-23, according to a disclosure on the Dhaka Stock Exchange (DSE) today.

One Bank has got approval from the regulator to issue a fully redeemable, non-convertible, unsecured floating rate subordinated bond worth Tk 400 crore.

The Bangladesh Securities and Exchange Commission (BSEC) has approved a proposal of Dutch-Bangla Bank Ltd (DBBL) for issuance of fully redeemable, non-convertible, unsecured floating rate subordinated bond of Tk 500 crore.

Brac Bank Limited has got the nod to issue a fully redeemable, non-convertible, unsecured floating rate subordinated bond worth Tk 700 crore.

Bangladesh’s stock market fell yesterday on the first day of trade after the US imposed a visa restriction. 

The board of the private commercial lender has approved the tier-II equivalent subordinated bonds named “AB Bank Subordinated Bonds-V”.

DBH Finance PLC has decided to issue a Tk 550 crore bond to facilitate affordable housing finance.

The country’s mutual fund sector is performing well and will continue to maintain the momentum in the coming days, said Bangladesh Securities and Exchange Commission (BSEC) Chairman Professor Shibli Rubayat-Ul-Islam. 

An executive director of the Bangladesh Securities and Exchange Commission (BSEC) was appointed managing director of Dhaka Stock Exchange (DSE) yesterday on deputation for a three-year tenure.