5th December 2024
EP
Khulna Power Company Ltd (KPCL) reported a substantial profit decline in the first quarter of the current financial year, primarily due to power plant shutdowns linked to unresolved agreements with the Bangladesh Power Development Board (BPDB).
Profit of the power producer plunged 72 percent to Tk 1.76 crore in the July-September quarter.
Earnings per share (EPS) dropped to Tk 0.04 from Tk 0.16 in the same period last year, as per its unaudited quarterly financial statements.
The profit decline was attributed to the postponement of operations of its plants.
More News
comments
leave a comment
