United Power Generation & Distribution Company Ltd. announcements
221 Dhaka Stock Exchange announcements for United Power Generation & Distribution Company Ltd. (UPGDCL) since 2015: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2025 (20).
- Credit Rating Result
Emerging Credit Rating Limited (ECRL) has affirmed surveillance rating of the Company as "AAA" in the long term and "ST-1" in the short term along with a Stable outlook based on annual audited financial statements up to June 30, 2025 and other relevant quantitative as well as qualitative information up to the date of rating.
- Emphasis of Matters
The auditor of the company has given the "Emphasis of Matters" paragraph in the Auditor's Report of the company for the year ended on 30 June 2025. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2025/UPGDCL_2025.pdf
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 4.94 for July-September 2025 as against Tk. 7.13 for July-September 2024; Consolidated NOCFPS was Tk. 6.62 July-September 2025 as against Tk. 1.85 for July-September 2024. Consolidated NAV per share was Tk. 78.83 as on September 30, 2025 and Tk. 73.89 as on June 30, 2025. Reasons for deviation: Earnings Per Share (EPS) for the current quarter has decreased compared to the previous year. (cont.1) (Cont. news of UPGDCL): primarily caused by the political unrest and nationwide disruptions during the previous comparative period, which adversely affected the normal collection cycle. As a result, the Company experienced delayed collections from its customers. The temporary slowdown in receivable realization led to a materially lower cash inflow from operations for the last quarter. (end) (Cont. news of UPGDCL): This variance is mainly attributable to the fact that a substantial amount of supplemental revenue-arising from the bulk electricity tariff adjustment relating to prior gas price increases-was recognized in the previous year. As a result, the consolidated and separate EPS of the current year reflect only the normal operating revenue, leading to a comparative decrease in EPS. Consolidated and separate Net operating Cash flows per share were lower was (cont.2)
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on November 20, 2025 at 3:30 PM to consider, among others, Un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2025.
- Resumption after Record Date
Trading of the shares of the company will resume on 18.11.2025.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 17.11.2025.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 13.11.2025 to 16.11.2025 and trading of the shares will remain suspended on record date i.e., 17.11.2025.
- Update of Information
The company has requested the shareholders to update the details (Shareholders Name, Routing Number to get Dividend through BEFTN system, BO ID Number, 12 digits e-TIN number along with other information including contact address) before the Record Date. The company also requested the Brokerages/DPs/TREC Holders to take note of the following: Provide the details information of Margin Loan Holders who are eligible to receive Cash Dividend for the year ended 30th June 2025 (cont.) (Cont. news of UPGDCL): after the Record Date with the details (Shareholders Name, BO ID Number, client wise Shareholding Position, Gross Dividend Receivable, applicable tax rate and net Dividend Receivable) soft copy email to [email protected] or [email protected] before 28th December 2025. The hard copy shall be dispatched to the following address before 28th December 2025 at "United House", Madani Avenue, United City, Dhaka-1212. (end)
- Dividend declaration of a subsidiary
The company has informed that the Board of Directors of United Ashuganj Energy Ltd. (UAEL), which is a 92.407% owned subsidiary of United Power Generation & Distribution Company Ltd. (UPGDCL) has declared Cash Dividend @15% or Tk. 1.50 per share, based on the audited Financial Statements for the year ended June 30, 2025.
- Dividend Declaration
The Board of Directors has recommended 65% Cash Dividend (BDT 6.50 per share) for the year ended June 30, 2025. Date of AGM: 30.12.2025; Time: 11:00 AM; Venue/Mode of AGM: Digital Platform. Record Date: 17.11.2025. (cont.1) (Cont. News of UPGDCL): Reasons for deviation in EPS and NOCFPS: Consolidated EPS increased primarily due to higher production, higher bulk tariff, stable foreign exchange rates, and lower finance costs compared to the previous year. NOCFPS increased significantly due to substantial cash collections from previous receivables. (end) (Cont. News of UPGDCL): The Company has also reported Consolidated EPS of Tk. 20.66, Consolidated NAV per share of Tk. 73.89 and Consolidated NOCFPS of Tk. 18.61 for the year ended June 30, 2025 as against Tk. 14.01, Tk. 59.23 and Tk. (0.88) respectively for the year ended June 30, 2024. (cont.2)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (27.10.2025) following its corporate declaration.
- Board Meeting schedule under LR 19(1)
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 26, 2025 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2025.
- Gas supply of the 82 MW power plant located in Dhaka EPZ restored
Referring to their earlier news disseminated by DSE on 04.05.2025 regarding disruption of Gas Supply to DEPZ Plant and Ongoing Resolution Efforts, the company has further informed that the gas supply of the 82 MW power plant located in Dhaka EPZ has been restored and the plant is fully operational.
- Disruption of Gas Supply to DEPZ Plant and Ongoing Resolution Efforts
The company has informed that the Board of Directors of the Company, in its meeting held on April 30, 2025, has decided to disclose the following information to the shareholders: United Power Generation & Distribution Company Ltd. (Company) entered into Power Supply Agreement (PSA) dated 06 May 2007 and 16 May 2007 with Bangladesh Export Processing Zones Authority (BEPZA) for installation of a dedicated power plant in each of Dhaka EPZ and Chattogram EPZ, respectively. (cont.1) (Cont. news of UPGDCL):the Gas Supplier has continued to claim gas bill to the Company considering captive power class for gas consumed for supplying power to BEPZA. Subsequently, the Gas Supplier on 28.04.2025 disconnected gas supply to the Company's 82 MW power plant located in Dhaka EPZ (out of the Company's total generation capacity of 895 MW).In consequence to that, the Company is in the process of resolving the matter through discussion with BEPZA, the Gas Company, and all relevant stakeholders.(end) (Cont. news of UPGDCL): the rate applicable for IPP Consumers as set by the Government from time to time. However, the gas price applicable for the Company was changed pursuant to the Energy Ministry's decision dated 02.01.2018 (2018 Decision), to the effect that gas price applicable for the Company for gas used for supplying power to BEPZA was changed to captive power. Despite the Company's efforts to resolve the matter as per prevailing laws, policies, and agreements, (cont.3) (Cont. news of UPGDCL): Bangladesh Energy Regulatory Commission (BERC) issued license to the Company as Independent Power Producer (IPP) under the Policy Guidelines for enhancement of Private Participation in the Power Sector, 2008 (Policy 2008). Gas Supply Agreement (GSA) were signed with Titas Gas Transmission & Distribution Company Ltd. and Karnaphuli Gas Distribution Company Ltd., and, Clause 3.5 of each GSA provides that the gas price to be paid by the Company shall be (cont.2)
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 7.21 for January-March 2025 as against Tk. 5.39 for January-March 2024; Consolidated EPS was Tk. 19.32 for July 2024-March 2025 as against Tk. 13.22 for July 2023-March 2024. Consolidated NOCFPS was Tk. 15.17 for July 2024-March 2025 as against Tk. 7.65 for July 2023-March 2024. Consolidated NAV per share was Tk. 72.55 as on March 31, 2025 and Tk. 59.23 as on June 30, 2024. Reasons for deviation in EPS and NOCFPS: (cont.) (Cont. news of UPGDCL): EPS has increased due to increase in electricity tariffs, increase of production, and consistent foreign exchange rates compared to the same period of last year. NOCFPS has increased due to the substantial collection of previous receivables from customers. (end)
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 30, 2025 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2025.
- Appointment of Managing Director
The company has informed that the Board has approved the appointment of Mr. Kutubuddin Akhter Rashid as the Managing Director of the company.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 4.98 for October-December 2024 as against Tk. 4.71 for October-December 2023; Consolidated EPS was Tk. 12.11 for July-December 2024 as against Tk. 7.84 for July-December 2023. Consolidated NOCFPS was Tk. 7.55 for July-December 2024 as against Tk. 2.74 for July-December 2023. Consolidated NAV per share was Tk. 65.34 as on December 31, 2024 and Tk. 59.23 as on June 30, 2024. Reasons for deviation in EPS and NOCFPS: (cont.) (Continuation news of UPGDCL): Consolidated EPS increased due to increase in electricity bulk tariffs, stable production levels and consistent foreign exchange rates compared to the same period last year. Consolidated NOCFPS increased due to the increase in substantial collection of previous receivables from customers. (end)
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on January 30, 2025 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2024.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2024 to the respective shareholders.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.