Desco posts Tk 125cr loss, skips dividend

Dhaka Electric Supply Company (Desco) reported a loss of Tk 125 crore for the 2024-25 fiscal year, as the state-run utility provider did not recommend any dividend.

Its loss per share stood at Tk 3.15, narrowing from Tk 12.72 in the previous year, according to a price-sensitive information disclosure.

The company's net operating cash flow per share rose slightly to Tk 15.93 from Tk 15.49 a year earlier.

The board of directors of the company recommended no dividend for FY25, citing negative retained earnings.

"The company incurred a loss in the current year, and its retained earnings are negative; as such, the board of directors could not recommend any dividend," Desco said.

As of September 30, 2025, the government held a 67.66 percent stake in the company, according to a regulatory filing.

In the company, institutional investors owned 23.65 percent, the general public 8.65 percent, and foreign investors 0.04 percent.