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Bangladesh Lamps releases Q2 Financials

Bangladesh Lamps

One of the listed companies, Bangladesh Lamps Limited discloses its financial reports for the second quarter, (October – December 23).

The company’s earnings per share (EPS) loss of Tk 4.63 paisa in Q2 of the current financial year (October – December 23).  EPS was Tk 1.63 (restated) paisa during the same period last year. NAV per share was Tk. 70.46 as of December 31, 2023.

It has been known that the EPS has been decreased due to a decrease in sales revenue, and an increase in material costs and finance costs. NOCFPS has been decreased due to a decrease in sales and collections, a substantial increase in inventory and a lower gross margin. NAVPS has been decreased mainly due to an increase in short-term finance.

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