ACI Limited posted a 9.4 per cent higher profit in the last financial year that ended on June 30.

ACME Laboratories has declared higher dividends for its shareholders as the company made higher profits in 2021-22 financial year.

Star Business Report

MAX Infrastructure Ltd, a concern of MAX Group, signed separate two agreements with the Roads and Highways Department (RHD) of the Ministry of Road Transport and Bridges for the implementation of civil works of the SASEC Dhaka-Sylhet Corridor Road Investment Project-work package-1 on Monday.

Standard Chartered Bangladesh recently contributed to funding the Nutrition Rehabilitation Unit (NRU), an initiative launched by the International Centre for Diarrheal Disease Research, Bangladesh (icddr,b) to fight malnutrition.

Linde Bangladesh Ltd reported a 23 per cent year-on-year decline in profit to Tk 21.05 crore in the July-September quarter of 2022. 

JMI Hospital Requisite Manufacturing Limited made a profit of Tk 40.72 crore in the year that ended on June 30, up 30 per cent from a year earlier.  

Aamra Networks Limited witnessed a 9.3 per cent decline in profit in the financial year that ended on June 30. 

Quasem Industries Ltd made Tk 3.56 crore profit in the financial year that ended on June 30, down more than 61 per cent from a year earlier.   

The City Bank Ltd reported a 10.60 per cent year-on-year increase in profit at Tk 112.85 crore in the July-September quarter of 2022.  

Mobile financial service provider Nagad and North South University (NSU) signed a memorandum of understanding (MoU) yesterday to conduct leadership training programmes and research to contribute to women empowerment and gender equity. 

Uttara Bank Limited’s profit fell 26 per cent year-on-year to Tk 45.70 crore in the July-September quarter of 2022.  

Taufika Foods and Lovello Ice-cream PLC made a profit of Tk 12.16 crore in the financial year that ended on June 30. 

Edward M Kennedy Jr, son of late US Senator Edward M Kennedy and nephew of late US President John Kennedy, will visit Bangladesh with his family from October 29 to November 5, 2022.

Matin Spinning Mills Ltd’s profit surged 70 per cent year-on-year to Tk 105.19 crore in the financial year that ended on June 30.  

Ha-Meem Group, a leading textile producer and garment exporter, has been unable to run production in its mills and factories at night over the last one and a half months because of a crisis of gas. 

The Embassy of Denmark in Bangladesh has hosted a five-day exhibition, called ‘Going Green’, at Bay’s Edge Gallery in Dhaka to highlight green solutions that can support sustainable and inclusive economic growth.

Renata Limited, a listed pharmaceutical and animal healthcare product manufacturer in Bangladesh, has recommended slightly lower dividends for fiscal 2021-22 despite having registered marginally higher profits that year.

Transcom Beverages Ltd has signed a memorandum of understanding with Standard Chartered Bangladesh (SCB) to launch the first-ever digital collection solution with real-time reconciliation via Application Programming Interface (API) integration for the fast-moving consumer goods (FMCG) industry. 

A delegation from Asian Trade Promotion Forum (ATPF), a 23-member platform of the region’s trade promoting organisations, visited the Walton headquarters in Gazipur on the outskirts of the capital city recently.