GSP Finance suffers fourth consecutive quarterly loss
BY Insider Desk
December 22, 2023

GSP Finance has reported losses for the fourth consecutive quarter. Between July and September of this year, their earnings per share (EPS) hit Tk 2.75 in the negative, a sharp decline from Tk 0.18 in the same period last year.
Throughout the first nine months of this year, the company’s EPS remained at Tk 4.25 in the negative, notably lower than the Tk 0.63 EPS in the previous year’s corresponding quarters.
At the Dhaka Stock Exchange, GSP Finance’s stock price currently stands at Tk 30.3. However, the non-bank financial institution did not issue any dividends in either 2021 or 2022.
The consolidated net asset value per share as of September 30, 2023, dropped to Tk 23.53, down from Tk 27.78 on December 31, 2022. This decline indicates a notable decrease in the company’s overall value within the past year.
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