Meghna Petroleum's profit up 3.16pc, buoyed by non-operating income
Bangladesh, Nov. 4 -- Meghna Petroleum posted a record annual profit of Tk 6.85 billion in FY26, the highest since its stock market listing two decades back, supported by substantial interest income from bank deposits amid rising interest rates.
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The state-owned petroleum marketer also registered a 3.16 per cent year-on-year growth in profit during the year, according to a stock exchange filing on Tuesday.
The company attributed the profit growth to a boost in non-operating income, despite a decline in earnings from petroleum products.
Its net earnings from petroleum products fell 20 per cent year-on-year to Tk 2.72 billion in FY26, while non-operating income jumped 17 per cent to Tk 8.03 billion, largely reflecting highe...
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