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Wednesday, December 25, 2024
Founder : Barrister Mainul Hosein

United Power’s profit keeps falling

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Business Desk :
United Power Generation & Distribution Company Ltd, one of the leading private power producers, continued to suffer from declining profits as losses resulting from high borrowing costs and foreign currency transactions are to blame.

The listed company said its profit declined to Tk 278 crore in three months to the end of December, down 4 percent from Tk 289 crore a year ago.

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