お知らせ • Apr 27
United Power Generation & Distribution Company Ltd. to Report Q3, 2026 Results on Apr 29, 2026 United Power Generation & Distribution Company Ltd. announced that they will report Q3, 2026 results on Apr 29, 2026 お知らせ • Jan 26
United Power Generation & Distribution Company Ltd. to Report Q2, 2026 Results on Jan 29, 2026 United Power Generation & Distribution Company Ltd. announced that they will report Q2, 2026 results on Jan 29, 2026 お知らせ • Nov 18
United Power Generation & Distribution Company Ltd. to Report Q1, 2026 Results on Nov 20, 2025 United Power Generation & Distribution Company Ltd. announced that they will report Q1, 2026 results on Nov 20, 2025 お知らせ • Oct 28
United Power Generation & Distribution Company Ltd. announces Annual dividend, payable on January 29, 2026 United Power Generation & Distribution Company Ltd. announced Annual dividend of BDT 6.5000 per share payable on January 29, 2026, ex-date on November 18, 2025 and record date on November 17, 2025. お知らせ • Oct 27
United Power Generation & Distribution Company Ltd., Annual General Meeting, Dec 30, 2025 United Power Generation & Distribution Company Ltd., Annual General Meeting, Dec 30, 2025, at 11:00 Central Asia Standard Time. お知らせ • Oct 20
United Power Generation & Distribution Company Ltd. to Report Fiscal Year 2025 Results on Oct 26, 2025 United Power Generation & Distribution Company Ltd. announced that they will report fiscal year 2025 results on Oct 26, 2025 お知らせ • May 12
United Power Generation & Distribution Company Ltd. Restores Gas Supply of the 82 Mw Power Plant Located in Dhaka EPZ United Power Generation & Distribution Company Ltd. announced that the referring to their earlier news disseminated by DSE on May 04, 2025 regarding disruption of Gas Supply to DEPZ Plant and Ongoing Resolution Efforts, the company has further informed that the gas supply of the 82 MW power plant located in Dhaka EPZ has been restored and the plant is fully operational. お知らせ • Apr 28
United Power Generation & Distribution Company Ltd. to Report Q3, 2025 Results on Apr 30, 2025 United Power Generation & Distribution Company Ltd. announced that they will report Q3, 2025 results on Apr 30, 2025 お知らせ • Feb 04
United Power Generation & Distribution Company Ltd. Appoints Kutubuddin Akhter Rashid as Managing Director United Power Generation & Distribution Company Ltd. announced that the Board has approved the appointment of Mr. Kutubuddin Akhter Rashid as the Managing Director of the company. お知らせ • Jan 27
United Power Generation & Distribution Company Ltd. to Report Q2, 2025 Results on Jan 30, 2025 United Power Generation & Distribution Company Ltd. announced that they will report Q2, 2025 results on Jan 30, 2025 Upcoming Dividend • Nov 14
Upcoming dividend of ৳6.00 per share Eligible shareholders must have bought the stock before 19 November 2024. Payment date: 19 January 2025. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 4.3%. Lower than top quartile of Bangladeshi dividend payers (4.5%). Lower than average of industry peers (5.0%). Reported Earnings • Nov 12
Full year 2024 earnings released: EPS: ৳14.01 (vs ৳13.83 in FY 2023) Full year 2024 results: EPS: ৳14.01 (up from ৳13.83 in FY 2023). Revenue: ৳34.8b (down 16% from FY 2023). Net income: ৳8.12b (up 1.3% from FY 2023). Profit margin: 23% (up from 19% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 22% per year. お知らせ • Nov 11
United Power Generation & Distribution Company Ltd. to Report Q1, 2025 Results on Nov 13, 2024 United Power Generation & Distribution Company Ltd. announced that they will report Q1, 2025 results on Nov 13, 2024 Declared Dividend • Oct 31
Dividend of ৳6.00 announced Shareholders will receive a dividend of ৳6.00. Ex-date: 19th November 2024 Payment date: 19th January 2025 Dividend yield will be 4.7%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 31% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.2% EPS decline seen over the last 5 years. お知らせ • Oct 23
United Power Generation & Distribution Company Ltd. to Report Fiscal Year 2024 Results on Oct 28, 2024 United Power Generation & Distribution Company Ltd. announced that they will report fiscal year 2024 results on Oct 28, 2024 Buy Or Sell Opportunity • Aug 04
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.0% to ৳126. The fair value is estimated to be ৳158, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has declined by 17%. お知らせ • Jul 17
United Power Generation & Distribution Company Ltd. Announces Appointment of Elias Howlader as Company Secretary United Power Generation & Distribution Company Ltd. has informed that the Board of Directors has approved the appointment of Mr. Elias Howlader, ACS as Company Secretary of the company with effect from July 15, 2024. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ৳143, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 10x in the Renewable Energy industry in Bangladesh. Total loss to shareholders of 38% over the past three years. New Risk • May 14
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 110% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (110% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • May 02
Third quarter 2024 earnings released: EPS: ৳5.39 (vs ৳4.28 in 3Q 2023) Third quarter 2024 results: EPS: ৳5.39 (up from ৳4.28 in 3Q 2023). Revenue: ৳7.42b (down 14% from 3Q 2023). Net income: ৳3.12b (up 26% from 3Q 2023). Profit margin: 42% (up from 29% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. お知らせ • Apr 28
United Power Generation & Distribution Company Ltd. to Report Q3, 2024 Results on Apr 30, 2024 United Power Generation & Distribution Company Ltd. announced that they will report Q3, 2024 results on Apr 30, 2024 New Risk • Mar 02
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Feb 01
Second quarter 2024 earnings released: EPS: ৳4.71 (vs ৳4.84 in 2Q 2023) Second quarter 2024 results: EPS: ৳4.71 (down from ৳4.84 in 2Q 2023). Revenue: ৳8.51b (down 18% from 2Q 2023). Net income: ৳2.73b (down 2.6% from 2Q 2023). Profit margin: 32% (up from 27% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 14% per year. お知らせ • Jan 29
United Power Generation & Distribution Company Ltd. to Report Q2, 2024 Results on Jan 30, 2024 United Power Generation & Distribution Company Ltd. announced that they will report Q2, 2024 results on Jan 30, 2024 Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ৳195, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 18x in the Renewable Energy industry in Bangladesh. Total loss to shareholders of 19% over the past three years. お知らせ • Nov 17
United Power Generation & Distribution Company Ltd. to Report Q1, 2024 Results on Nov 20, 2023 United Power Generation & Distribution Company Ltd. announced that they will report Q1, 2024 results on Nov 20, 2023 Reported Earnings • Nov 15
Full year 2023 earnings released: EPS: ৳13.83 (vs ৳17.21 in FY 2022) Full year 2023 results: EPS: ৳13.83 (down from ৳17.21 in FY 2022). Revenue: ৳41.3b (down 16% from FY 2022). Net income: ৳8.02b (down 20% from FY 2022). Profit margin: 19% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Upcoming Dividend • Nov 12
Upcoming dividend of ৳8.00 per share at 7.3% yield Eligible shareholders must have bought the stock before 19 November 2023. Payment date: 14 January 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.3%. Within top quartile of Bangladeshi dividend payers (3.3%). Higher than average of industry peers (6.0%). お知らせ • Oct 31
United Power Generation & Distribution Company Ltd., Annual General Meeting, Dec 14, 2023 United Power Generation & Distribution Company Ltd., Annual General Meeting, Dec 14, 2023, at 05:00 Coordinated Universal Time. お知らせ • Oct 30
United Power Generation & Distribution Company Ltd. Recommends Cash Dividend for the Year Ended June 30, 2023 The Board of Directors of United Power Generation & Distribution Company Ltd. recommended 80% cash dividend out of distributable profit of the company for the year ended June 30, 2023. Record date is November 16, 2023. AGM date is December 14, 2023. お知らせ • Oct 24
United Power Generation & Distribution Company Ltd. to Report Fiscal Year 2023 Results on Oct 26, 2023 United Power Generation & Distribution Company Ltd. announced that they will report fiscal year 2023 results on Oct 26, 2023 Reported Earnings • May 03
Third quarter 2023 earnings released: EPS: ৳4.28 (vs ৳5.50 in 3Q 2022) Third quarter 2023 results: EPS: ৳4.28 (down from ৳5.50 in 3Q 2022). Revenue: ৳8.61b (down 31% from 3Q 2022). Net income: ৳2.48b (down 22% from 3Q 2022). Profit margin: 29% (up from 26% in 3Q 2022). The increase in margin was driven by lower expenses. Reported Earnings • Feb 09
Second quarter 2023 earnings released: EPS: ৳4.84 (vs ৳6.85 in 2Q 2022) Second quarter 2023 results: EPS: ৳4.84 (down from ৳6.85 in 2Q 2022). Revenue: ৳10.4b (down 15% from 2Q 2022). Net income: ৳2.81b (down 29% from 2Q 2022). Profit margin: 27% (down from 33% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 19
First quarter 2023 earnings released: EPS: ৳5.01 (vs ৳5.00 in 1Q 2022) First quarter 2023 results: EPS: ৳5.01 (up from ৳5.00 in 1Q 2022). Revenue: ৳12.1b (up 40% from 1Q 2022). Net income: ৳2.90b (flat on 1Q 2022). Profit margin: 24% (down from 34% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Nov 16
Upcoming dividend of ৳17.00 per share Eligible shareholders must have bought the stock before 23 November 2022. Payment date: 26 January 2023. Payout ratio is on the higher end at 80%, and the cash payout ratio is above 100%. Trailing yield: 7.3%. Within top quartile of Bangladeshi dividend payers (3.8%). Higher than average of industry peers (6.2%). お知らせ • Oct 31
United Power Generation & Distribution Company Ltd. Recommends Cash Dividend for the Year Ended June 30, 2022 United Power Generation & Distribution Company Ltd. announced that the Board of Directors has recommended 170% cash dividend for the year ended June 30, 2022. Reported Earnings • May 14
Third quarter 2022 earnings released: EPS: ৳5.50 (vs ৳5.33 in 3Q 2021) Third quarter 2022 results: EPS: ৳5.50 (up from ৳5.33 in 3Q 2021). Revenue: ৳12.4b (up 43% from 3Q 2021). Net income: ৳3.19b (up 3.1% from 3Q 2021). Profit margin: 26% (down from 36% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 05
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ৳6.85 (up from ৳4.45 in 2Q 2021). Revenue: ৳12.2b (up 75% from 2Q 2021). Net income: ৳3.97b (up 54% from 2Q 2021). Profit margin: 33% (down from 37% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Upcoming Dividend • Nov 16
Upcoming dividend of ৳17.00 per share Eligible shareholders must have bought the stock before 23 November 2021. Payment date: 26 January 2022. Trailing yield: 6.3%. Within top quartile of Bangladeshi dividend payers (3.0%). In line with average of industry peers (5.9%). Reported Earnings • Jun 19
Third quarter 2020 earnings released: EPS ৳2.66 (vs ৳4.29 in 3Q 2019) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ৳2.59b (down 3.2% from 3Q 2019). Net income: ৳1.54b (down 38% from 3Q 2019). Profit margin: 60% (down from 93% in 3Q 2019). The decrease in margin was primarily driven by higher expenses. Is New 90 Day High Low • Dec 21
New 90-day low: ৳256 The company is down 7.0% from its price of ৳275 on 22 September 2020. The Bangladeshi market is up 1.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Renewable Energy industry, which is also down 7.0% over the same period. Is New 90 Day High Low • Dec 17
New 90-day low: ৳259 The company is down 8.0% from its price of ৳281 on 17 September 2020. The Bangladeshi market is flat over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Renewable Energy industry, which is also down 8.0% over the same period. Upcoming Dividend • Nov 24
Upcoming Dividend of ৳14.50 Per Share Will be paid on the 19th of January to those who are registered shareholders by the 1st of December. The trailing yield of 4.8% is in the top quartile of Bangladeshi dividend payers (3.8%), but it is lower than industry peers (5.8%).