Shipping Corporation’s FY26 profit falls 5pc, but growth returns in Q1 with new vessels

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Bangladesh Shipping Corporation reported FY26 profit of Tk 2.91 billion, down 5% year over year, as prior-year one-off income was absent and interest income fell. The company said growth returned in the first quarter with new vessels, while freight and shipping services remain its main revenue source.

Bangladesh Shipping Corporation (BSC) posted a 5 per cent year-on-year decline in profit to Tk 2.91 billion in FY26, due to the absence of the previous year’s one-off income and a sharp fall in interest income from bank deposits The Corporation generates revenue mainly from freight and shipping services. It also has non-operating income, including ...