Bangladesh Submarine Cable Company Limited reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was BDT 756.29 million compared to BDT 969.96 million a year ago. Net income was BDT 404.53 million compared to BDT 659.58 million a year ago. Basic earnings per share from continuing operations was BDT 2.45 compared to BDT 4 a year ago. Diluted earnings per share from continuing operations was BDT 1.99 compared to BDT 3.25 a year ago.
For the nine months, sales was BDT 2,686.18 million compared to BDT 2,931.28 million a year ago. Net income was BDT 1,682.29 million compared to BDT 2,093.89 million a year ago. Basic earnings per share from continuing operations was BDT 10.2 compared to BDT 12.7 a year ago. Diluted earnings per share from continuing operations was BDT 8.29 compared to BDT 10.32 a year ago.