Summit Power Limited (DSE: SUMITPOWER)

Market Cap	17.51B
Revenue (ttm)	38.55B
Net Income (ttm)	2.59B
Shares Out	1.07B
EPS (ttm)	2.42
PE Ratio	6.78
Forward PE	n/a
Dividend	1.00 (6.10%)
Ex-Dividend Date	n/a

Volume	443,314
Open	16.80
Previous Close	16.20
Day's Range	16.30 - 16.90
52-Week Range	14.80 - 34.00
Beta	n/a
Analysts	n/a
Price Target	n/a
Earnings Date	Oct 10, 2024

About Summit Power

Summit Power Limited, an independent power producer, engages in the generation and sale of electricity in Bangladesh. It generates electricity from natural gas and heavy furnace oil. The company owns and operates 15 power plants with a total capacity of 976 megawatts. It sells electricity to the Bangladesh Power Development Board and Bangladesh Rural Electrification Board. The company was incorporated in 1997 and is based in Dhaka, Bangladesh. Summit Power Limited is a subsidiary of Summit Corporation Limited.

• Industry: Cogeneration Services and Small Power Producers
• Founded: 1997
• Employees: 497
• Stock Exchange: Dhaka Stock Exchange
• Ticker Symbol: SUMITPOWER

Financial Performance

In 2023, Summit Power's revenue was 55.18 billion, an increase of 3.29% compared to the previous year's 53.42 billion. Earnings were 2.21 billion, a decrease of -46.55%.