공지 • Apr 27
Summit Power Limited to Report Q3, 2026 Results on Apr 29, 2026 Summit Power Limited announced that they will report Q3, 2026 results on Apr 29, 2026 공지 • Jan 25
Summit Power Limited to Report Q2, 2026 Results on Jan 28, 2026 Summit Power Limited announced that they will report Q2, 2026 results on Jan 28, 2026 공지 • Nov 11
Summit Power Limited to Report Q1, 2026 Results on Nov 13, 2025 Summit Power Limited announced that they will report Q1, 2026 results on Nov 13, 2025 공지 • Oct 24
Summit Power Limited Announces Annual Dividend, Payable on January 25, 2026 Summit Power Limited announced Annual dividend of BDT 1.0500 per share payable on January 25, 2026, ex-date on November 12, 2025 and record date on November 11, 2025. 공지 • Oct 16
Summit Power Limited to Report Fiscal Year 2025 Results on Oct 22, 2025 Summit Power Limited announced that they will report fiscal year 2025 results on Oct 22, 2025 공지 • Apr 28
Summit Power Limited to Report Q3, 2025 Results on Apr 30, 2025 Summit Power Limited announced that they will report Q3, 2025 results on Apr 30, 2025 공지 • Feb 11
Summit Power Limited to Report Q2, 2025 Results on Feb 17, 2025 Summit Power Limited announced that they will report Q2, 2025 results on Feb 17, 2025 공지 • Jan 03
Summit Power Limited Appoints Monirul Islam Akhand as Managing Director Summit Power Limited informed that the Board of Directors has appointed Major General (Retd.) Dr. Monirul Islam Akhand, ndc, psc, PhD as the Managing Director of the company with effect from January 01, 2025. 공지 • May 03
Summit Power Limited Appoints Mohammad Latif Khan as the New Chairman Summit Power Limited informed that the Board of Directors has elected Mr. Mohammad Latif Khan as the new Chairman of the Company. 공지 • Apr 26
Summit Power Limited to Report Q3, 2024 Results on Apr 29, 2024 Summit Power Limited announced that they will report Q3, 2024 results on Apr 29, 2024 Reported Earnings • Mar 27
Third quarter 2023 earnings released: EPS: ৳0.48 (vs ৳0.83 in 3Q 2022) Third quarter 2023 results: EPS: ৳0.48 (down from ৳0.83 in 3Q 2022). Revenue: ৳15.6b (up 21% from 3Q 2022). Net income: ৳507.8m (down 43% from 3Q 2022). Profit margin: 3.3% (down from 6.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 18% per year. Upcoming Dividend • Mar 11
Upcoming dividend of ৳1.00 per share Eligible shareholders must have bought the stock before 18 March 2024. Payment date: 19 May 2024. Trailing yield: 4.0%. Within top quartile of Bangladeshi dividend payers (3.7%). In line with average of industry peers (4.3%). 공지 • Feb 23
Summit Power Limited, Annual General Meeting, Apr 18, 2024 Summit Power Limited, Annual General Meeting, Apr 18, 2024, at 11:30 Bangladesh Standard Time. Location: Hybrid System Bangladesh 공지 • Feb 15
Summit Power Limited to Report Fiscal Year 2023 Results on Feb 20, 2024 Summit Power Limited announced that they will report fiscal year 2023 results on Feb 20, 2024 공지 • Nov 29
Summit Power Limited Resumes Operations At Ashulia, Chandina and Madhobdi Power Plants Summit Power Limited resumed operations at Ashulia, Chandina and Madhobdi 10(+/-)10% MW (each) power plants effective from November 22, 2023. The execution of renewed PPA shall be completed in due course and the same will be notified accordingly. New Risk • Nov 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Earnings have declined by 4.8% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.9% net profit margin). Reported Earnings • May 04
Third quarter 2023 earnings released: EPS: ৳0.48 (vs ৳0.83 in 3Q 2022) Third quarter 2023 results: EPS: ৳0.48 (down from ৳0.83 in 3Q 2022). Revenue: ৳15.6b (up 21% from 3Q 2022). Net income: ৳507.8m (down 43% from 3Q 2022). Profit margin: 3.3% (down from 6.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Reported Earnings • Feb 09
Second quarter 2023 earnings released: EPS: ৳0.76 (vs ৳1.00 in 2Q 2022) Second quarter 2023 results: EPS: ৳0.76 (down from ৳1.00 in 2Q 2022). Revenue: ৳13.3b (up 45% from 2Q 2022). Net income: ৳807.1m (down 24% from 2Q 2022). Profit margin: 6.1% (down from 12% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. 공지 • Jan 02
Summit Power Limited Appoints Engr. Md. Mozammel Hossain as Managing Director Summit Power Limited has informed that the Board of Directors has appointed Engr. Md. Mozammel Hossain as the Managing Director of the Company for a period of one year commencing from January 01, 2023. Reported Earnings • Nov 19
First quarter 2023 earnings released: EPS: ৳0.81 (vs ৳1.02 in 1Q 2022) First quarter 2023 results: EPS: ৳0.81 (down from ৳1.02 in 1Q 2022). Revenue: ৳18.1b (up 62% from 1Q 2022). Net income: ৳869.2m (down 20% from 1Q 2022). Profit margin: 4.8% (down from 9.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 13
Full year 2022 earnings released: EPS: ৳3.87 (vs ৳5.25 in FY 2021) Full year 2022 results: EPS: ৳3.87 (down from ৳5.25 in FY 2021). Revenue: ৳53.2b (up 34% from FY 2021). Net income: ৳4.13b (down 26% from FY 2021). Profit margin: 7.8% (down from 14% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year. Upcoming Dividend • Oct 03
Upcoming dividend of ৳2.00 per share Eligible shareholders must have bought the stock before 10 October 2022. Payment date: 30 November 2022. Payout ratio is on the higher end at 89%, and the cash payout ratio is above 100%. Trailing yield: 5.9%. Within top quartile of Bangladeshi dividend payers (3.8%). In line with average of industry peers (6.2%). 공지 • Sep 16
Summit Power Limited Recommends Cash Dividend for the Year Ended June 30, 2022 The board of directors of Summit Power Limited has recommended 20% cash dividend for the year ended June 30, 2022. Reported Earnings • May 02
Third quarter 2022 earnings released: EPS: ৳0.83 (vs ৳1.36 in 3Q 2021) Third quarter 2022 results: EPS: ৳0.83 (down from ৳1.36 in 3Q 2021). Revenue: ৳12.9b (up 28% from 3Q 2021). Net income: ৳887.9m (down 39% from 3Q 2021). Profit margin: 6.9% (down from 14% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year. Reported Earnings • Feb 05
Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Second quarter 2022 results: EPS: ৳1.00 (down from ৳1.53 in 2Q 2021). Revenue: ৳9.15b (up 15% from 2Q 2021). Net income: ৳1.07b (down 35% from 2Q 2021). Profit margin: 12% (down from 21% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 30%. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 22
First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2022 results: EPS: ৳1.02 (down from ৳1.29 in 1Q 2021). Revenue: ৳11.1b (down 9.6% from 1Q 2021). Net income: ৳1.09b (down 21% from 1Q 2021). Profit margin: 9.8% (down from 11% in 1Q 2021). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 30%. Over the next year, revenue is expected to shrink by 34% compared to a 14% growth forecast for the industry in Bangladesh. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 1% per year. Upcoming Dividend • Oct 18
Upcoming dividend of ৳3.50 per share Eligible shareholders must have bought the stock before 25 October 2021. Payment date: 04 January 2022. Trailing yield: 7.5%. Within top quartile of Bangladeshi dividend payers (2.6%). Higher than average of industry peers (4.9%). Reported Earnings • Oct 08
Full year 2021 earnings released: EPS ৳5.25 (vs ৳5.17 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2021 results: Revenue: ৳39.7b (up 65% from FY 2020). Net income: ৳5.61b (up 1.4% from FY 2020). Profit margin: 14% (down from 23% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • May 03
Third quarter 2021 earnings released: EPS ৳1.36 (vs ৳1.24 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: ৳10.1b (up 108% from 3Q 2020). Net income: ৳1.45b (up 10.0% from 3Q 2020). Profit margin: 14% (down from 27% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year and the company’s share price has also increased by 6% per year. Reported Earnings • Jan 30
Second quarter 2021 earnings released: EPS ৳1.52 (vs ৳1.44 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: ৳7.96b (up 40% from 2Q 2020). Net income: ৳1.63b (up 6.4% from 2Q 2020). Profit margin: 21% (down from 27% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improved over the past week After last week's 19% share price gain to ৳55.90, the stock is trading at a trailing P/E ratio of 11.1x, up from the previous P/E ratio of 9.3x. This compares to an average P/E of 16x in the Renewable Energy industry in Bangladesh. Total returns to shareholders over the past three years are 101%. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improved over the past week After last week's 22% share price gain to ৳50.30, the stock is trading at a trailing P/E ratio of 9.9x, up from the previous P/E ratio of 8.1x. This compares to an average P/E of 15x in the Renewable Energy industry in Bangladesh. Total returns to shareholders over the past three years are 82%. Is New 90 Day High Low • Jan 05
New 90-day high: ৳43.10 The company is up 4.0% from its price of ৳41.40 on 07 October 2020. The Bangladeshi market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Renewable Energy industry, which is flat over the same period. Is New 90 Day High Low • Nov 16
New 90-day low: ৳37.40 The company is down 11% from its price of ৳42.00 on 18 August 2020. The Bangladeshi market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 9.0% over the same period. Reported Earnings • Nov 13
First quarter 2021 earnings released: EPS ৳1.29 The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues were improved. First quarter 2021 results: Revenue: ৳12.3b (up 70% from 1Q 2020). Net income: ৳1.37b (down 8.2% from 1Q 2020). Profit margin: 11% (down from 21% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 3% per year. 공지 • Nov 10
Summit Power Limited to Report Q1, 2021 Results on Nov 11, 2020 Summit Power Limited announced that they will report Q1, 2021 results on Nov 11, 2020 Reported Earnings • Oct 23
Full year earnings released - EPS ৳5.17 Over the last 12 months the company has reported total profits of ৳5.53b, up 8.2% from the prior year. Total revenue was ৳24.0b over the last 12 months, down 21% from the prior year. Profit margins were 23%, which is higher than the 17% margin from last year. The increase in margin was driven by lower expenses. 공지 • Oct 04
Summit Power Limited to Report Fiscal Year 2020 Results on Oct 07, 2020 Summit Power Limited announced that they will report fiscal year 2020 results on Oct 07, 2020