Intraco Refueling Leads Turnover Chart as Gas Shipping Plans Take Shape

Industry: Energy & Power, LNG, Stock Market
Company: INTRACO Refueling Stations Limited
Company Intelligence Tag: Business Insights

Intraco Refueling Station Limited took the top spot on the turnover chart as it prepares to transport gas from Bhola to Dhaka. The company recorded a turnover value of Tk59.34 crore, followed by Meghna Life Insurance at Tk42.73 crore and Sea Pearl Beach Resorts at Tk37.24 crore, according to data from the Dhaka Stock Exchange (DSE). The shares of Intraco Refueling saw a significant increase, with a jump of 8.94% or Tk4.2 each, reaching Tk51.20 each. As a listed firm, Intraco Refueling Station recently signed a deal with Sundarban Gas Company, a state-owned gas distributor, to transport compressed natural gas from Bhola to Dhaka. The company expects a substantial boost in revenue and profit once the gas transportation operations commence in the next two to three months.

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