Anis Ud Dowla to buy 1 lakh ACI shares

ACI Group Chairman M Anis Ud Dowla announced the purchase of the company’s 1 lakh shares through the capital bourse Dhaka Stock Exchange (DSE).

He will buy the shares at the current market price, according to a filing posted on the DSE website Sunday.

The company suffered losses in the July-December half of the fiscal

year 2022-23.

It also incurred losses in FY19 and FY20 due mainly to overhead financial costs.

A reduction to interest expense, however, enabled the company to make profits in FY21.

The company’s consolidated loss per share stood Tk 1.79 for the first half of FY23 against earnings per share (EPS) of Tk 5.25 for July-December of FY22.