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2 articles.

Company · DSE:SEAPEARL · Hotels & tourism · Analysis · 31 Oct 2026

Sea Pearl Beach Resort: a BDT 6.1bn ICB bond under litigation accrues more interest than the resort earns, and FY2025 revenue fell 59%

Revenue dropped to BDT 684m in FY2025 as the water park, cruise ship and non-AC food lines shrank by BDT 984m; occupancy fell to 26.1%. Net finance cost of BDT 564m was 0.26x covered, and the 9M FY2026 loss was BDT 196m.

Company · DSE:UNIQUEHRL · Hotels & tourism · Analysis · 29 Oct 2026

Unique Hotel & Resorts: the power JV earns most of the profit while the Westin's RevPAR fell 21% and interest ate the hotels' operating profit

FY2026 EPS fell to BDT 3.53 from 5.18 and the dividend to 12%; in FY2025 UMPL supplied 83% of net profit, Westin RevPAR dropped to BDT 8,386, and BDT 1,285m of interest left the hotel company with interest cover of 0.45x.