Business Desk :
Sonali Aansh Industries’ profits more than tripled in the third quarter of the current financial year on the back of export turnover.
Earnings per share were Tk 1.78 in the January-March period of 2022, up 263 per cent against Tk 0.49 in the same period a year ago, according to the unaudited financial statement of the company.
EPS was Tk 3.05 in the July-March period against Tk 0.75 attained in the identical period last financial year.
Net operating cash flows per share, a measure of a firm’s financial strength, rose to Tk 18.80 in the nine-month period, against Tk 6.08 a year ago.
The net asset value, which indicates a company’s total assets minus its total liabilities, was Tk 228.71 per share as on March 31 compared to Tk 226.28 on the same day in 2021.
Sonali Aansh Industries is an export-oriented company and supplies jute yarn, fabrics and finished goods such as bags and footwear to its buyers in European countries, India and China, Ahsan Habib, chief financial officer of the company, told.
