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Power producers saw profits erode in FY23

Bangladesh’s economy has been facing tough times of late as sustained high inflation, hike in interest rates and massive devaluation of the local currency continue to plague the country. In this series, we take a look back at how various industries fared amid the crisis in fiscal year 2022-23. Here, in the sixth instalment of the series, we placed listed power generation ....

Bangladesh General , Humayun Rashid , Shahidul Islam , Fahim Ahmed Chowdhury , Asset Management Company , Meghna Petroleum , Jamuna Oil , Eenergypac Power Generation , Padma Oil , United Power Generation , Summit Power , Bangladesh Rural Electrification Board , Khulna Power , Doreen Power , Ahmed Chowdhury , Baraka Power , Mobil Jamuna Bangladesh ,

Most listed power companies' profits down

Profits of listed fuel and power generation companies altogether dropped in the January-March period of the current financial year of 2021-22 due to some power plants shutting down, an increase in the price of raw materials and a decrease in investment income. ....

Bangladesh General , Mir Ariful Islam , United Power Generation Distribution Company , Sandhani Asset Management Company , Khulna Power Company , Jamuna Oil , Summit Power International , Shahjibazar Power Company , Sandhani Asset Management , Sandhani Asset , Khulna Power , Summit Power Internal , Power Company , Shahjibazar Power ,