Business Desk :
Mozaffar Hossain Spinning Mills, a 100 per cent export-oriented woven fabrics and cotton yarn manufacturer, has posted an impressive profit growth in October-December 2021, thanks to higher sales and price hike of yarn.
In a filing with Dhaka Stock Exchange (DSE) Wednesday, the company said its earnings per share (EPS) increased to Tk 0.73 for October-December 2021, up by a whopping 2333 per cent, from Tk 0.03 in the corresponding period.
The cotton yarn manufacturer’s EPS for six months until December, 2021, also rose to Tk 0.97 as against loss of Tk 0.39 per share in July-December, 2020.
The net operating cash flow per share (NOCFPS) was Tk 4.33 for July-December 2021 as against minus Tk 7.54 for July-December 2020. The company’s net asset value (NAV) per share was Tk 19.13 as on December 31, 2021 and Tk. 18.16 as on June 30, 2021.
