A total of 19 companies of the country’s power and energy sector are registered in the stock market. Out of all these enlisted companies 18 has published their interim financial report of July-September, 2018 (first-quarter) respectively except for only one company.
By analyzing the financial reports of the first quarter, it was found that Linde Bangladesh has made the highest turnover over the quarter. They made a top profit of TK 13.68 per share. In terms of profit, each share of Padma Oil and Jamuna Oil secured second and third place respectively. The profit earned by these two companies was Tk 7 and Tk 6.29 per share respectively.
Intraco CNG’s revenue increased by 550 percent for each of their shares. However, the company’s Earnings Per Share (EPS) in the first quarter of last year was only 0.2 paisa. So this rate of EPS growth does not carry that much significance.
Among the other companies, DESCO’s revenue increased by 79.24 percent followed by UPZDCL’s 66.33 percent hike.
On the other hand, the price of GPB Power’s per shares declined by 25.77 percent while MJL BD’s EPS is decreased by16.47 percent.
Out of the total 19 companies of the power and energy sector, 15 have made a profit and they are- Baraka Power, CVO Petrochemical, DESCO, Derry Power, Intraco, Jamuna Oil, Khulna Power, Linde BD, Padma Oil, Power Grid, Shahjibazar Power, Summit Power, and United Power.
The companies whose turnover has declined are GPB Power, Mobil Jamuna and Titas Gas. BD Welding Limited has not yet released its interim financial report.