Power Grid Company suffers Tk 626 crore loss in FY23
The Power Grid Company of Bangladesh Ltd incurred a massive Tk 626.48 crore loss in the financial year ended June 30.
The state-run power maintenance company made Tk 121.16 crore profit in the previous financial year, it said in a disclosure on the Dhaka Stock Exchange today.
For all latest news, follow The Daily Star's Google News channel. Thus, the company reported basic earnings per share of Tk 8.79 negative for FY23 against Tk 1.70 in 2021-22.
The net asset value per share rose to Tk 159.47 from Tk 133.24 from a year ago while the net operating cash flow per share increased to Tk 16.11 in FY23 from Tk 11.53 in FY22.
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