Shipping Corp plans to buy four ships
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Loading... - Divya Mehta
- 03 Nov 2022
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Bangladesh Shipping Corporation (BSC) secured a massive jump in profits in fiscal year 2021-22, following which it now plans to buy four ships for the smooth sailing of the business momentum into the future.
The state-owned autonomous corporation owns eight ships and oil tankers and charters sea-going vessels to carry exports, such as garments, and imports, such as grain and crude oil. It also offers ship repair services.
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The profit of Tk 225.75 crore was a year-on-year increase of 213 per cent.
It reported earnings per share (EPS) of Tk 14.80 for 2021-22 whereas it was Tk 4.72 a year earlier.
The company did not disclose how much it would invest to buy the ships. However, it did say that two would be tankers and two multipurpose bulk carriers.
Of the previous eight, two were brought in 1987 and the rest after 2018, according to its annual report of 2020-21. Read More...
