K&Q Clinches Grameenphone A2P Contract

Engineering sector company K&Q Bangladesh Limited has become an Application-to-Person (A2P) aggregator for Grameenphone, following similar agreements with Banglalink, Teletalk, and Robi. A contract to this effect has already been signed between the two companies, according to sources at the Dhaka Stock Exchange (DSE).

Under the agreement, the service will be operated in compliance with the licence issued by the Bangladesh Telecommunication Regulatory Commission (BTRC). K&Q Bangladesh expects the new partnership to have a positive impact on its business operations and revenue growth.

According to financial disclosures, in the first quarter (July–September) of the current 2025–26 fiscal year, K&Q Bangladesh posted an earnings per share (EPS) of Tk 2.73, up from Tk 1.15 in the corresponding quarter of the previous fiscal year. As of September 30, 2025, the company’s net asset value per share (NAVPS) stood at Tk 104.45.

For the recently concluded 2024–25 fiscal year, the company’s board declared a 10 percent dividend for investors, comprising 4 percent cash and 6 percent stock dividend. However, the Bangladesh Securities and Exchange Commission (BSEC) did not approve the stock dividend portion. During the year, K&Q Bangladesh recorded an EPS of Tk 9.49, compared to Tk 0.67 in the previous fiscal year. The NAVPS stood at Tk 101.72 as of June 30, 2025.

In the 2023–24 fiscal year, the company distributed a 5 percent dividend, including 3 percent cash and 2 percent stock dividend. EPS for that year was Tk 0.67, up from Tk 0.32 in the preceding year, while NAVPS reached Tk 96.33 as of June 30, 2024.

For the 2022–23 fiscal year, K&Q Bangladesh paid a 3 percent cash dividend to investors. EPS during that period was Tk 0.32, down from Tk 0.59 in the previous year, and NAVPS stood at Tk 76.13 as of June 30, 2023.

The company did not declare any dividend for the 2021–22 fiscal year. EPS for that year was Tk 0.59, compared to Tk 0.92 in the previous year, while NAVPS stood at Tk 75.64 as of June 30, 2022.

Listed on the stock market in 1996, K&Q Bangladesh has an authorised capital of Tk 100 crore and a paid-up capital of Tk 6.99 crore. The company’s reserves amount to Tk 64.14 crore. Its total number of shares stands at 6,993,049, of which 35.24 percent are held by sponsor-directors, 15.25 percent by institutional investors, and the remaining 49.51 percent by general investors.

Notably, K&Q Bangladesh signed A2P agreements with Banglalink Digital Communications Limited on December 8 last year, Teletalk Bangladesh Limited on December 11, and Robi Axiata PLC on December 28.

DBTech/BBIO/EK/OR