ARGUS Credit Rating Services Limited (ACRSL) has announced the rating of the Company as "BBB+" for long term and "ST-3" for Short term with outlook as "Negative" in consideration of audited financials of the company up to June 30, 2025, unaudited financial statements ending March 31, 2026 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

(Cont. news of GHCL): Reasons for significant deviation: EPS declined mainly due to margin pressure from increased raw material prices, higher utility and production costs, and elevated finance expenses. NOCFPS variance was driven by adverse working capital movements, higher trade receivables, and inventory accumulation. (end)

(Q3 Un-audited): EPS was Tk. (0.98) for January-March 2026 as against Tk. 0.07 for January-March 2025; EPS was Tk. (2.47) for July 2025-March 2026 as against Tk. (1.04) for July 2024-March 2025. NOCFPS was Tk. (1.69) for July 2025-March 2026 as against Tk. 0.30 for July 2024-March 2025. NAV per share was Tk. 69.43 as on March 31, 2026, and Tk. 71.89 as on June 30, 2025. (cont.)

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 29, 2026 at 3:00 pm to consider, among others, Un-Audited Financial Statements for the Third Quarter (Q3) period ended March 31, 2026.

(Cont. News of GHCL): The movement in NAV reflects lower growth in retained earnings as a result of reduced profitability, along with an increase in short-term liabilities to support working capital needs. Additionally, regular depreciation on property, plant, and equipment marginally reduced asset values, contributing to the overall variance in NAV compared to the previous period. (end)