Eastern Cables Limited reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was BDT 73.43 million compared to BDT 75.08 million a year ago. Net income was BDT 4.91 million compared to net loss of BDT 8.56 million a year ago. Basic earnings per share from continuing operations was BDT 0.19 compared to basic loss per share from continuing operations of BDT 0.32 a year ago.
For the nine months, sales was BDT 416.36 million compared to BDT 261.97 million a year ago. Net income was BDT 11.5 million compared to net loss of BDT 56.28 million a year ago. Basic earnings per share from continuing operations was BDT 0.44 compared to basic loss per share from continuing operations of BDT 2.13 a year ago.