Emerging Credit Rating Limited (ECRL) has affirmed the Surveillance rating of the Company as "A+" in the long term and "ST-3" in the short term along with a Stable outlook based on annual audited financial statements up to December 31, 2025, and other relevant quantitative as well as qualitative information up to the date of rating.

(Continuation news of SINGERBD): NOCFPS stood at BDT (21.42) against BDT 4.79 in Q1 2025. Considering the nature of business in terms of hire purchase scheme, credit extended to dealers & institution, and seasonal effects, operating cash flow goes into negative, and it is expected to improve from the second quarter onward. (end)

(Continuation news of SINGERBD): Inventory levels increased 28.2% because of lower sales than expected and this has caused short-term borrowings to increase. On the other hand, trade receivables increased 38.5% due to seasonal credit renewals, lower collection of receivables due to slow economic activities and political transition. (cont.4)

(Continuation news of SINGERBD): the broader economic struggle to balance the operational costs with subdued consumer durables demand. Financial performance was further strained by a 41.4% surge in net finance costs, driven by a nearly 50% increase in interest expenses from higher short-term borrowing to finance working capital, including business expansion. Additionally, the devaluation of the Bangladeshi Taka against the Euro triggered foreign exchange losses on inter-company loan. (cont.3)

(Continuation news of SINGERBD): Domestic sales were stifled by high inflation, geopolitical tensions, and unfavorable weather, while the National Election and extended Eid holidays further dampened demand. Although gross profit margins remained stable, increased costs of sales could not be fully passed on to consumers due to intense market price sensitivity. Consequently, operating profit fell by 8.1% as expenses for rent, depreciation, salaries, etc., reflecting (cont.2)