Bangladesh, Oct. 27 -- Despite higher sales, Singer Bangladesh's losses surged around 61 per cent year-on-year in the July-September quarter of 2026, as a sharp increase in finance costs continued to erode its profitability.

Consequently, its loss per share widened to Tk 7.74 in the quarter this year from Tk 4.81 in the corresponding period last year, according to price-sensitive information published on Monday.

The company's turnover, however, grew 4.08 per cent year-on-year to Tk 4.40 billion during the quarter. Its gross profit margin also increased by 0.84 percentage points.

Singer said it could not hike selling prices to offset higher average product costs as it sought to remain competitive in the market.

The company faces incre...