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Tags : profit


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UBL, UCL contribute Tk 8.62cr to WPPF

Unilever Bangladesh Limited contributed Tk 81,777,100 and Unilever Consumer Care Limited Tk 4,498,200 to the Bangladesh Workers Welfare Foundation Fund under the labour and employment ministry as part of their statutory commitment to the Workers’ Profit Participation Fund...

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BB posts net profit of Tk 22,600cr in FY25

Bangladesh Bank recorded a net profit of Tk 22,600 crore in the fiscal year 2024–25, largely boosted by higher returns from foreign currency investments and lending to the banks...

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HSBC banks lower profits on higher costs

Bank giant HSBC said Wednesday that group profits fell in the first half on higher costs but noted that it was ‘well positioned’ to deal with the effects of US tariffs...

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General Motors profits fall

Auto giant General Motors reported lower second-quarter profits Tuesday following a $1.1 billion hit from US tariffs but confirmed its full-year forecast...

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Govt cuts NSC interest rates

The government has slashed profit rates on all types of national savings certificates for the next six months, effective from Tuesday, July 1...

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BRAC Bank achieves 73pc growth

BRAC Bank achieved a 73 per cent year-on-year growth in its Net Profit After-Tax on a consolidated basis for 2024 amid challenging market conditions...

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NGOs falling into debt trap

NON-GOVERNMENTAL organisations, once defined by a spirit of solidarity and service, are undergoing a quiet transformation. What began as a sector rooted in volunteerism and rights-based development is now becoming increasingly entangled in financial markets. Many NGOs, particularly in the Global South, are shifting from grant-based programming to...

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Qatar Airways posts record $2b annual profit

Qatar Airways posted a 28 per cent jump in annual net profit to a record $2.15 billion on Monday, days after sealing a major Boeing deal during US president Donald Trump’s visit...

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Honda forecasts 70pc net profit drop

Japan’s Honda Motor on Tuesday forecast a 70 per cent drop in net profit for the 2025-26 financial year as US trade tariffs weigh on the global auto industry...

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IDLC posts Tk 368m profit

IDLC Finance PLC closed Q1 2025 with exceptional growth, recording a standalone net profit after tax of Tk 368 million, up 25 per cent from the same period of the last year...

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Saudi Aramco net profits drop by 4.6pc in Q1

Oil giant Saudi Aramco on Sunday reported a drop of 4.6 per cent in its first-quarter net profits as lower sales and higher operating costs hit the lynchpin of the kingdom’s ambitious economic reform plans...

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HSBC reports $9.5b pre-tax profit in Q1

The pre-tax profit represented a $3.2 billion decrease from the same period last year, with the firm attributing the drop mainly to disposals of its business in Canada and Argentina, a statement said...

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Profiteers hurt handloom industry: Bashir

Textiles and jute adviser Sk Bashir Uddin on Wednesday said that some profit-mongers hampered the normal pace of country’s handloom industry misusing the government facilities given to this industry for its development...

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Ex-GP workers protest at not getting profit share

A section of Grameenphone’s former employees gathered in front of the telecom operator’s head office on Tuesday, demanding collection of a 5-per cent share of the company’s profits and delay penalties...

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Nokia posts 89pc net profit in 2024

Finnish telecommunications equipment giant Nokia reported on Thursday an 89 per cent rise in net profit for 2024, with sales surging in the final three months of the year...

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Shell annual profit drops

British energy giant Shell on Thursday announced a 17-per cent drop in annual net profit owing to weaker oil and gas prices as well as asset write-offs...

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Walton records Tk 304cr net profit in July-Dec

Walton Hi-Tech Industries PLC has recorded Tk 304.47 crore net profit during the first half or July-December period of 2024 of the 2024-25 financial year, said a press release...

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Karmasangsthan Bank’s default loan decreases

Karmasangsthan Bank’s NPL ratio has stood at 3.68 per cent and there is no provisioning deficit in 2024 when loan disbursement, loan recovery and profit earning increased from the previous year...

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AL crony keeps raking in abnormal profit

One of the Awami League cronies, who made it to the recently published White Paper on economy for raking in abnormal profit, continues to do so with its business monopoly as a commercial independent power producer, while paying less for years for the gas it uses in its plants.

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Shipping giant Maersk records sixfold profit rise

Danish shipping giant Maersk said Thursday that profits in the third quarter were six times higher than the same period last year as it maintains high prices to get trade through conflict zones...

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FBCCI chief urges business community to make logical profit

The administrator of Federation of Bangladesh Chambers of Commerce and Industry, Md Hafizur Rahman, on Thursday urged the business community to make logical profit for keeping stable the country’s commodity market.

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TSMC Q2 net profit jumps on Gen AI demand

Taiwan chip giant TSMC said Thursday net profit jumped by more than a third in the second quarter of 2024, buoyed by global demand for generative artificial intelligence products...