Bata Shoe returns to profit in April-June

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Business Desk :
Bata Shoe Company (Bangladesh) has returned to profit in the second quarter (Q2) for April-June 2021 as against the same quarter last year thanks to a boost in sales.
The company has reported its earnings per share (EPS) of Tk 1.15 for April-June, 2021 as against a loss of Tk 53.74 per share recorded in the same period last year, said the company in a filing with the Dhaka Stock Exchange (DSE) on Sunday.
As of June 30, 2021, the company’s net asset value per share stood at Tk 265.50 against Tk 267.64 as of December 31, 2020.
However, in the six months for January-June, 2021, the company incurred a loss of 2.44 per share as against the loss of Tk 51.67 per share for January-June 2020.

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