Reported Earnings • Jun 05
Third quarter 2026 earnings released: EPS: ৳4.18 (vs ৳4.95 in 3Q 2025) Third quarter 2026 results: EPS: ৳4.18 (down from ৳4.95 in 3Q 2025). Revenue: ৳1.64b (up 23% from 3Q 2025). Net income: ৳637.9m (down 16% from 3Q 2025). Profit margin: 39% (down from 57% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • May 04
Bangladesh Shipping Corporation to Report Q3, 2026 Results on May 07, 2026 Bangladesh Shipping Corporation announced that they will report Q3, 2026 results on May 07, 2026 Announcement • Feb 05
Bangladesh Shipping Corporation to Report Q2, 2026 Results on Feb 08, 2026 Bangladesh Shipping Corporation announced that they will report Q2, 2026 results on Feb 08, 2026 Announcement • Nov 14
Bangladesh Shipping Corporation announces Annual dividend, payable on January 11, 2026 Bangladesh Shipping Corporation announced Annual dividend of BDT 2.5000 per share payable on January 11, 2026, ex-date on December 08, 2025 and record date on December 07, 2025. Announcement • Nov 13
Bangladesh Shipping Corporation, Annual General Meeting, Dec 10, 2025 Bangladesh Shipping Corporation, Annual General Meeting, Dec 10, 2025, at 11:00 Central Asia Standard Time. Announcement • May 14
Bangladesh Shipping Corporation to Report Q3, 2025 Results on May 20, 2025 Bangladesh Shipping Corporation announced that they will report Q3, 2025 results on May 20, 2025 Announcement • Feb 14
Bangladesh Shipping Corporation to Report Q2, 2025 Results on Feb 17, 2025 Bangladesh Shipping Corporation announced that they will report Q2, 2025 results on Feb 17, 2025 Reported Earnings • Nov 08
First quarter 2025 earnings released: EPS: ৳5.92 (vs ৳3.30 in 1Q 2024) First quarter 2025 results: EPS: ৳5.92 (up from ৳3.30 in 1Q 2024). Revenue: ৳1.51b (up 37% from 1Q 2024). Net income: ৳903.3m (up 80% from 1Q 2024). Profit margin: 60% (up from 46% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improves as stock rises 44% After last week's 44% share price gain to ৳80.90, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 10x in the Shipping industry in Asia. Total returns to shareholders of 92% over the past three years. Announcement • Oct 31
Bangladesh Shipping Corporation, Annual General Meeting, Dec 22, 2024 Bangladesh Shipping Corporation, Annual General Meeting, Dec 22, 2024, at 11:00 Central Asia Standard Time. Location: chittagong boat club, chittagong, Bangladesh Announcement • Oct 24
Bangladesh Shipping Corporation to Report Q1, 2025 Results on Oct 30, 2024 Bangladesh Shipping Corporation announced that they will report Q1, 2025 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ৳60.20, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 10x in the Shipping industry in Asia. Total returns to shareholders of 37% over the past three years. Valuation Update With 7 Day Price Move • Oct 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ৳73.10, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 11x in the Shipping industry in Asia. Total returns to shareholders of 31% over the past three years. Announcement • Apr 30
Bangladesh Shipping Corporation to Report Q3, 2024 Results on May 02, 2024 Bangladesh Shipping Corporation announced that they will report Q3, 2024 results on May 02, 2024 Announcement • Feb 05
Bangladesh Shipping Corporation Appoints Mahmudul Malek as Managing Director Bangladesh Shipping Corporation has informed that Commodore Mahmudul Malek, (C), BSP, NSWC, AFWC, PSC, BN has joined as the Managing Director of the Company on January 23, 2024. Reported Earnings • Jan 26
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: ৳1.16b (down 11% from 2Q 2023). Net income: ৳501.6m (down 26% from 2Q 2023). Profit margin: 43% (down from 52% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Announcement • Jan 18
Bangladesh Shipping Corporation to Report Q2, 2024 Results on Jan 22, 2024 Bangladesh Shipping Corporation announced that they will report Q2, 2024 results on Jan 22, 2024 Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ৳124, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 9x in the Shipping industry in Asia. Total returns to shareholders of 185% over the past three years. Reported Earnings • Dec 13
First quarter 2024 earnings released: EPS: ৳3.30 (vs ৳3.98 in 1Q 2023) First quarter 2024 results: EPS: ৳3.30 (down from ৳3.98 in 1Q 2023). Revenue: ৳1.10b (down 5.1% from 1Q 2023). Net income: ৳503.1m (down 17% from 1Q 2023). Profit margin: 46% (down from 52% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Announcement • Dec 07
Bangladesh Shipping Corporation to Report Q1, 2024 Results on Dec 10, 2023 Bangladesh Shipping Corporation announced that they will report Q1, 2024 results on Dec 10, 2023 Reported Earnings • Nov 08
Full year 2023 earnings released: EPS: ৳16.15 (vs ৳14.80 in FY 2022) Full year 2023 results: EPS: ৳16.15 (up from ৳14.80 in FY 2022). Revenue: ৳5.15b (up 15% from FY 2022). Net income: ৳2.46b (up 9.1% from FY 2022). Profit margin: 48% (down from 50% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Nov 01
Upcoming dividend of ৳2.50 per share at 2.3% yield Eligible shareholders must have bought the stock before 08 November 2023. Payment date: 17 December 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Bangladeshi dividend payers (3.4%). Lower than average of industry peers (15%). Announcement • Oct 19
Bangladesh Shipping Corporation Recommends Cash Dividend for the Year Ended June 30, 2023 The Board of Directors of Bangladesh Shipping Corporation has recommended 25% Cash Dividend for the year ended June 30, 2023. Announcement • Oct 17
Bangladesh Shipping Corporation, Annual General Meeting, Nov 16, 2023 Bangladesh Shipping Corporation, Annual General Meeting, Nov 16, 2023, at 11:00 Bangladesh Standard Time. Location: Radisson Blu Hotel, Chattogram Bay View, Chattogram Bangladesh Announcement • Oct 05
Bangladesh Shipping Corporation to Report Fiscal Year 2023 Results on Oct 15, 2023 Bangladesh Shipping Corporation announced that they will report fiscal year 2023 results on Oct 15, 2023 Announcement • Sep 14
Bangladesh Shipping Corporation Appoints Abu Safayat Muhammad Shahe Dul Islam as Company Secretary Bangladesh Shipping Corporation that Mr. Abu Safayat Muhammad Shahe Dul Islam, Deputy Secretary has been appointed as the Company Secretary of the company with effect from September 11, 2023. Announcement • May 13
Bangladesh Shipping Corporation to Report Q3, 2023 Results on May 24, 2023 Bangladesh Shipping Corporation announced that they will report Q3, 2023 results on May 24, 2023 Reported Earnings • Feb 28
Second quarter 2023 earnings released: EPS: ৳4.43 (vs ৳3.94 in 2Q 2022) Second quarter 2023 results: EPS: ৳4.43 (up from ৳3.94 in 2Q 2022). Revenue: ৳1.30b (up 14% from 2Q 2022). Net income: ৳675.2m (up 12% from 2Q 2022). Profit margin: 52% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ৳146, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 7x in the Shipping industry in Asia. Total returns to shareholders of 215% over the past three years. Announcement • Jan 27
Bangladesh Shipping Corporation Appoints Commodore Md. Ziaul Hoque as Managing Director Bangladesh Shipping Corporation has informed that Commodore Md. Ziaul Hoque, (TAS), OSP, ndc, afwc, psc, BN has been appointed as the Managing Director of the Company, effective from January 24, 2023. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improved over the past week After last week's 17% share price gain to ৳133, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 7x in the Shipping industry in Asia. Total returns to shareholders of 220% over the past three years. Announcement • Dec 15
Bangladesh Shipping Corporation Appoints Mostafa Zamanul Bahar as Shareholder Director Bangladesh Shipping Corporation announced that Mr. Mostafa Zamanul Bahar nominated by Bangladesh Export Import Company Limited (BEXIMCO) has been appointed as shareholder director with the approval of the honorable shareholders in the 45th AGM held on December 11, 2022. Reported Earnings • Nov 19
Full year 2022 earnings released: EPS: ৳14.80 (vs ৳4.72 in FY 2021) Full year 2022 results: EPS: ৳14.80 (up from ৳4.72 in FY 2021). Revenue: ৳4.50b (up 64% from FY 2021). Net income: ৳2.26b (up 213% from FY 2021). Profit margin: 50% (up from 26% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Nov 17
Upcoming dividend of ৳2.00 per share Eligible shareholders must have bought the stock before 24 November 2022. Payment date: 10 January 2023. Payout ratio is a comfortable 8.9% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Bangladeshi dividend payers (3.8%). Lower than average of industry peers (19%). Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Director Mohammad Chowdhury was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Nov 07
Now 21% undervalued Over the last 90 days, the stock is up 28%. The fair value is estimated to be ৳181, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 67%. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improved over the past week After last week's 18% share price gain to ৳146, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 7x in the Shipping industry in Asia. Total returns to shareholders of 211% over the past three years. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ৳135, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 7x in the Shipping industry in Asia. Total returns to shareholders of 170% over the past three years. Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment improved over the past week After last week's 18% share price gain to ৳161, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 7x in the Shipping industry in Asia. Total returns to shareholders of 254% over the past three years. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improved over the past week After last week's 15% share price gain to ৳126, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 8x in the Shipping industry in Asia. Total returns to shareholders of 143% over the past three years. Reported Earnings • Jun 04
Third quarter 2022 earnings released: EPS: ৳3.31 (vs ৳1.17 in 3Q 2021) Third quarter 2022 results: EPS: ৳3.31 (up from ৳1.17 in 3Q 2021). Revenue: ৳1.08b (up 49% from 3Q 2021). Net income: ৳504.5m (up 184% from 3Q 2021). Profit margin: 47% (up from 25% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Director Mohammad Chowdhury was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 15
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ৳3.94 (up from ৳1.08 in 2Q 2021). Revenue: ৳1.15b (up 81% from 2Q 2021). Net income: ৳600.6m (up 263% from 2Q 2021). Profit margin: 52% (up from 26% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improved over the past week After last week's 15% share price gain to ৳138, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 10x in the Shipping industry in Asia. Total returns to shareholders of 198% over the past three years. Upcoming Dividend • Jan 10
Upcoming dividend of ৳1.20 per share Eligible shareholders must have bought the stock before 17 January 2022. Payment date: 27 February 2022. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Bangladeshi dividend payers (3.0%). Lower than average of industry peers (3.9%). Reported Earnings • Jan 04
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: ৳4.34 (up from ৳0.58 in 1Q 2021). Revenue: ৳1.14b (up 105% from 1Q 2021). Net income: ৳662.5m (up ৳574.4m from 1Q 2021). Profit margin: 58% (up from 16% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improved over the past week After last week's 24% share price gain to ৳61.00, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 10x in the Shipping industry in Asia. Total returns to shareholders of 64% over the past three years. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improved over the past week After last week's 18% share price gain to ৳58.70, the stock trades at a trailing P/E ratio of 30.8x. Average trailing P/E is 13x in the Shipping industry in Asia. Total returns to shareholders of 62% over the past three years. Reported Earnings • Jun 30
Third quarter 2021 earnings released: EPS ৳1.17 (vs ৳0.007 loss in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ৳723.8m (down 2.3% from 3Q 2020). Net income: ৳177.8m (up ৳178.8m from 3Q 2020). Profit margin: 25% (up from net loss in 3Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 12
Second quarter 2020 earnings released: EPS ৳1.28 (vs ৳0.53 in 2Q 2019) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2020 results: Revenue: ৳642.4m (up 95% from 2Q 2019). Net income: ৳194.6m (up 141% from 2Q 2019). Profit margin: 30% (up from 25% in 2Q 2019). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Jan 12
New 90-day high: ৳48.50 The company is up 5.0% from its price of ৳46.30 on 14 October 2020. The Bangladeshi market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 64% over the same period. Reported Earnings • Jan 08
First quarter 2020 earnings released: EPS ৳1.46 The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2020 results: Revenue: ৳675.0m (up 184% from 1Q 2019). Net income: ৳222.1m (up 296% from 1Q 2019). Profit margin: 33% (up from 24% in 1Q 2019). The increase in margin was driven by higher revenue. Upcoming Dividend • Nov 29
Upcoming Dividend of ৳1.00 Per Share Will be paid on the 24th of January to those who are registered shareholders by the 6th of December. The trailing yield of 2.6% is below the top quartile of Bangladeshi dividend payers (3.8%), and is lower than industry peers (3.0%). Is New 90 Day High Low • Nov 24
New 90-day low: ৳38.20 The company is down 24% from its price of ৳50.00 on 26 August 2020. The Bangladeshi market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 38% over the same period. Announcement • Nov 12
Bangladesh Shipping Corporation, Annual General Meeting, Dec 23, 2020 Bangladesh Shipping Corporation, Annual General Meeting, Dec 23, 2020, at 11:00 Bangladesh Standard Time. Is New 90 Day High Low • Oct 29
New 90-day low: ৳43.90 The company is down 1.0% from its price of ৳44.40 on 30 July 2020. The Bangladeshi market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 22% over the same period. Announcement • Oct 05
Bangladesh Shipping Corporation to Report Q3, 2020 Results on Aug 24, 2020 Bangladesh Shipping Corporation announced that they will report Q3, 2020 results on Aug 24, 2020