ACI Limited reported a consolidated loss after tax of Tk49.15 crore for the first half (July to December) of the current FY24, contrasting with a profit of Tk17.93 crore in the same period in FY23. The company attributed the loss to higher borrowing costs, energy prices, inflation, and the strengthening of the dollar against the taka.
Despite the loss, ACI achieved consolidated revenue of Tk6,244 crore, up from Tk5,706 crore in The consolidated per-share loss stood at Tk8.42 for the first half of FY24, compared to Tk1.79 in the same period in 2023. The company’s net asset value per share was Tk98.97 at the end of December 2023. In the October–December quarter of 2023, ACI reported a consolidated loss of Tk35 crore and achieved revenue of Tk3204 crore.