Singer Bangladesh reported a significantly wider loss for the year ended December 31, 2025, driven mainly by higher financing costs amid elevated interest rates, exchange losses, and stretched working capital.

According to a recent price-sensitive information disclosure, its board has recommended no dividend for 2025, compared to a 10 percent dividend a year earlier.

The company posted a loss per share of Tk 22.56 for 2025, sharply deteriorating from a loss per share of Tk 4.91 in 2024.

Singer said the steep decline reflected a net loss, primarily caused by a 124.7 percent increase in financing costs, lower-than-expected demand realisation and foreign exchange losses. Growth in operating and sales expenses also outpaced revenue growth.