Web Analytics
Bangla
Loading date...
RECENT THREADS SOCIAL PAGE LOGIN

State-owned Bangladesh Submarine Cables PLC (BSCCPLC) has reported a significant rise in profits for the first nine months of the 2025–26 fiscal year, driven by growing internet bandwidth demand and digital infrastructure expansion. According to the unaudited financial report approved at the company’s 252nd board meeting on April 23, 2026, net profit reached Tk 2.19 billion, up from Tk 1.40 billion in the same period last year, marking a 56% increase.

The company’s Deputy General Manager (Marketing and Sales), Engineer Md. Ariful Haque, said the growth reflects customer trust and the rising national demand for bandwidth. BSCCPLC earned Tk 3.77 billion in revenue from bandwidth sales and related services, compared to Tk 2.94 billion a year earlier. Earnings per share rose from Tk 7.49 to Tk 11.71, while net asset value per share increased to Tk 98.71.

BSCCPLC is investing Tk 12.86 billion in the third submarine cable project, with Tk 8.09 billion from its own funds and Tk 4.76 billion in government equity. The project aims to expand bandwidth capacity and strengthen the company’s long-term revenue base.

Card image

Related Rumors

logo
No data found yet!

The ‘1 Nojor’ media platform is now live in beta, inviting users to explore and provide feedback as we continue to refine the experience.