Briefing 2023-10-29

FE Team | Published: October 28, 2023 22:54:47

Briefing 2023-10-29

ACI in the red in FY23, weighed down by losses of 2 subsidiaries
Advanced Chemical Industries (ACI) endured a consolidated loss of Tk 493.96 million in FY23 as two subsidiaries wiped out the profit made by the parent company. ACI Ltd bagged a profit of Tk 1.76 billion in FY23 out of its own operation, but ACI Health Care and ACI Logistics incurred a loss of Tk 2.24 billion and Tk 1.52 billion respectively in the year, dragging the company into the red. Page 9
Israeli families press for explanation
Families of Israeli hostages held by Hamas militants in Gaza on Saturday demanded an immediate government explanation about the fate of the captives after the army intensified strikes on the Palestinian territory. Page 11