EarningsDESCO
DESCO Earnings Update
Announcement summary
- What happened
- DESCO published a corporate disclosure on 16 October 2023. Read the full announcement for details.
- Company
- Dhaka Electric Supply Company Ltd.
- Announcement published
Original announcement
(Continuation news of DESCO): Reasons for significant deviations: EPS has decreased significantly due to Foreign Exchange Fluctuation Loss and sharp fall in distribution revenue due to the disproportional increase in bulk and retail tariff (electricity price) and in the audited financial year, bulk tariff increased by 28.08% while retail tariff increased by 15.76%. (end)
বাংলা অনুবাদ — BullBD
This is a BullBD translation of the published corporate disclosure.
(ডেসকোর ধারাবাহিক সংবাদ): উল্লেখযোগ্য বিচ্যুতির কারণ: বাল্ক ও খুচরা শুল্ক (বিদ্যুতের মূল্য) অসম বৃদ্ধির কারণে বৈদেশিক মুদ্রার অস্থিরতা হ্রাস এবং বন্টন রাজস্বের তীব্র পতনের কারণে ইপিএস উল্লেখযোগ্যভাবে হ্রাস পেয়েছে এবং নিরীক্ষিত আর্থিক বছরে, বাল্ক। শুল্ক 28.08% বৃদ্ধি পেয়েছে এবং খুচরা শুল্ক 15.76% বৃদ্ধি পেয়েছে। (শেষ)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 652cb3619b63f842128ae09b
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from DESCO
Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.