DSE:ACIFORMULA
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Company · DSE:ACMEPL · Chemicals, paints & gases · Analysis · 01 Nov 2026
ACME Pesticides: revenue down 71% in four years, a gross loss, receivables at 441 days and a qualified audit
Revenue fell from BDT 1,683m (FY2021) to BDT 482m (FY2025) and another 22% in the nine months to March 2026; the company sells below cost, collects slowly, has not paid its lessor or bank, and its IPO cash sits frozen at Southeast Bank.
ACME Pesticides Limited (APL) was incorporated on 13 April 2009 as a private company and became a public limited company on 28 November 2019. It raised BDT 300m in an initial public offering of 30m shares at BDT 10, with consent from the Bangladesh Securities…
Company · DSE:WATACHEM · Chemicals · Analysis · 31 Oct 2026
WATA Chemicals: finance expenses took 92.8% of FY2025 operating profit; a qualified FY2025 audit and FY2026 EPS of BDT 2.08 announced on DSE
The sulphuric acid and alum maker earned an operating profit of BDT 202.4m in FY2025 and paid finance expenses of BDT 187.9m, leaving profit after tax of BDT 11.0m. The auditor qualified the FY2025 accounts on five bases. The company announced FY2026 EPS of BDT 2.08 and a 15% cash dividend on 29-Oct-2026; the FY2026 audited report is not in the corpus at 1-Nov-2026.
WATA Chemicals Limited was incorporated in Bangladesh on 19 August 1981 and has been listed on the Dhaka Stock Exchange since 1992. Its factory is at Murapara, Rupgonj, Narayangonj. The FY2025 notes describe the business in one sentence: 'The Company produces Alum, Zinc Sulphate, Magnesium…