Two state oil companies report higher profits in FY26
Bangladesh, Nov. 10 -- Meghna Petroleum and Padma Oil Company, two major state-owned oil distributors, reported higher profits in the financial year 2025-26, while Jamuna Oil said its earnings declined during the period.
Jamuna Oil's profit fell 34 percent year-on-year to Tk 425 crore in the year ended June 30, 2026 (FY26), according to a price-sensitive information (PSI) disclosure published recently.
Consequently, its earnings per share (EPS), a measure of the profit attributable to each share, dropped to Tk 38.52 in FY26 from Tk 58.70 a year earlier.
The state-owned oil company said it was facing a cash shortage as it spent more cash than it received.
Jamuna Oil's net operating cash flow per share (NOCFPS), which shows the cash a c...
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