Sunday | 12 January 2025 | Reg No- 06
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Sunday | 12 January 2025 | Epaper

ACI profit falls by 167pc to Tk 42.21cr in July-Sept

Published : Monday, 18 November, 2024 at 12:00 AM  Count : 352
Profit of ACI Ltd fell by 167 per cent to Tk 42.21 crore in July-September this year compared to same period last year, when profit stood at Tk Tk 2.07 crore, said the company in a filing on the Dhaka Stock Exchange.

The  conglomerate attributed the decline to higher borrowing costs due to rising interest rates and additional funding for working capital and strategic investments.

Net operating cash flow per share (NOCFPS) also deteriorated, registering Tk 62.07 in the negative, compared to a negative Tk 34.19 in the first quarter of the previous year. 

The fall was driven by changes in working capital levels, reflecting operational challenges amid rising costs, said ACI in the disclosure.



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