Doreen Power Generations and Systems Limited recorded a sharp 57.68% year-on-year jump in consolidated earnings for the fiscal year ended 30 June 2026, driven primarily by a significant reduction in extraordinary impairment losses compared to the previous year.
According to price sensitive information approved by its board of directors on Thursday, the company recommended a 15% cash dividend – amounting to Tk1.50 per share of Tk10 face value – for general shareholders. Sponsor-directors will not receive this payout.
Earlier, it had paid a 10% cash dividend for FY25.
The company further reported that its consolidated earnings per share (EPS) rose to Tk5.03 in FY26, up from Tk3.19 in the preceding fiscal year.
The company noted in its official disclosure that the strong bottom-line growth stemmed mainly from lower impairment losses on non-current assets relative to FY25.
Alongside the earnings rebound, the company’s cash flow position experienced robust improvement. Consolidated net operating cash flow per share (NOCFPS) surged 60.95% to Tk18.96 for the year, compared to Tk11.78 in FY25.
The power generator attributed the cash flow surge primarily to higher collections of revenue bills from customers during the 12-month period.
The dividend proposal will be placed before shareholders for approval at the company’s annual general meeting (AGM), scheduled for 24 December 2026, via a digital platform. The record date for determining shareholder eligibility for the dividend has been fixed for 12 November.
Balance sheet metrics also strengthened during the period, with the company’s consolidated Net Asset Value (NAV) per share with revaluation rising to Tk57.12 as of 30 June 2026, compared to Tk52.43 a year earlier.
On Thursday, its share price closed 0.32% higher at Tk31.40 at the Dhaka bourse.
According to the company’s monthly shareholding report for September, sponsors and directors jointly hold 66.61% shares in the company, while institutional investors have 16.90% and the general shareholders have the remaining 16.49% shares.
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