Bay Leasing recommends no dividend for 2025 despite narrowing losses
The decision was approved at the listed non-bank financial institution’s 228th board meeting on 30 June.
Bay Leasing & Investment Limited has recommended no dividend for 2025 despite sharply reducing its losses during the year.
The decision was approved at the listed non-bank financial institution's 228th board meeting on 30 June, where directors also cleared the audited financial statements for the year ended 31 December 2025.
The proposal will be placed before shareholders for approval at the company's 30th Annual General Meeting (AGM), scheduled for 27 September in a hybrid format. The record date has been fixed for 10 August.
Keep updated, follow The Business Standard's Google news channel
Shares of Bay Leasing rose 2.22% to Tk4.60 on the Dhaka Stock Exchange on Tuesday.
According to the audited financial statements, the group's consolidated loss per share narrowed to Tk6.87 in 2025 from Tk31.16 a year earlier. On a standalone basis, the loss per share fell to Tk1.89 from Tk26.18 in 2024.
The company's consolidated net asset value (NAV) per share improved to negative Tk19.65 from negative Tk25.20, while net operating cash flow per share (NOCFPS) declined to negative Tk2.22 from a positive Tk0.48 in the previous year.
On a standalone basis, Bay Leasing posted a net loss of Tk26.60 crore in 2025, compared with Tk368.81 crore in 2024. The group's consolidated net loss also narrowed significantly to Tk96.84 crore from Tk438.98 crore.
Established in 1996, Bay Leasing provides lease financing, term loans, SME financing, home loans, syndicated finance and investment services.
Despite the marked improvement in earnings, the company remains loss-making with negative net assets. The board, therefore, recommended no dividend for 2025.
