Dhaka, Oct. 13 -- Dhaka Electric Supply Company (Desco) has posted a loss of Tk125 crore for fiscal year 2024-25 (FY25), as higher power purchase costs and operational inefficiencies weighed heavily on the state-run utility's earnings.

In response, the company's board has decided not to declare any dividend for shareholders this year.

Following the disclosure, Desco's share price dropped 4.59 percent to Tk20.80 in Sunday's opening session at the Dhaka Stock Exchange (DSE).

The company's official filing confirmed that the Board of Directors recommended no dividend for the year ending 30 June 2025.

Desco's Annual General Meeting (AGM) has been scheduled for 17 January 2026, with the record date fixed for 20 November 2025.

For FY25, the...