ACI's loss narrows 53% in FY25, declares 25% cash dividend

Advance Chemical Industries (ACI) PLC has reported a significant improvement in its financial performance for the fiscal year ended on 30 June 2025, as its consolidated loss per share narrowed by more than half from the previous year.

According to a disclosure published on the Dhaka Stock Exchange (DSE) today, ACI reported a consolidated loss per share of Tk7.40 for FY25, compared to Tk15.88 in the previous fiscal year — a 53% improvement. 

The company's consolidated net asset value (NAV) per share stood at Tk91.64, up from Tk79.31 in FY24. However, the consolidated net operating cash flow per share fell to a negative Tk51.63 from a positive Tk0.71 in the previous year, primarily due to increased investments in working capital. 

ACI's management attributed the improvement in profitability to steady revenue growth and stronger cost control. 

During the year, the company achieved a 10.93% increase in consolidated revenue and a 15.42% rise in gross profit. The growth in gross profit outpaced operating expense growth, leading to higher operating profit despite challenging market conditions.

However, the company noted that higher borrowing costs partially offset the gains. The cost of borrowings increased during the year, driven by rising interest rates and additional funding requirements for working capital and strategic investments to support business expansion.

The company's board of directors has recommended a 25% cash dividend for its shareholders for the year.

The board of directors has scheduled the company's annual general meeting for 28 December, while the record date for dividend eligibility has been set for 19 November.

Despite the announcement of the cash dividend and improved financial performance, ACI's share price fell slightly on the trading floor. 

The company's stock closed 0.99% lower at Tk170.70 at the Dhaka Stock Exchange.