GQ Ball Pen posts modest sales growth, cuts losses in H1
Despite recording a per-share loss of Tk1.83 for FY25, the company declared a 10% cash dividend for general shareholders, excluding sponsor-directors.
GQ Ball Pen Industries, a publicly listed company, posted a 4.62% year-on-year rise in sales in the first half of the current fiscal year, while its losses narrowed during the July–December period, according to its latest financial statements.
Sales increased to Tk1.13 crore in H1, up from Tk1.08 crore in the same period of FY25. The company reported a net loss of Tk78 lakh, translating to a loss per share of Tk0.87. In the corresponding period a year earlier, it had posted a larger net loss of Tk1.27 crore, with a per-share loss of Tk1.43.
Explaining the continued losses, the company attributed the negative earnings per share (EPS) primarily to higher raw material and input costs, a stronger US dollar, and subdued sales amid weak market demand. These factors led to a significant operating loss during the period, which weighed on overall earnings.
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Despite recording a per-share loss of Tk1.83 for FY25, the company declared a 10% cash dividend for general shareholders, excluding sponsor-directors.
Following the dividend payout, the Dhaka Stock Exchange upgraded GQ Ball Pen's listing status to Category A from Category B. The company's shares closed at Tk491.80 on the latest trading day, down 2.05% from the previous session.
