Hwa Well Textiles (BD) Limited reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was BDT 565.59 million compared to BDT 481.05 million a year ago. Net income was BDT 81.05 million compared to BDT 42.57 million a year ago. Basic earnings per share from continuing operations was BDT 1.45 compared to BDT 0.76 a year ago. Diluted earnings per share from continuing operations was BDT 1.45 compared to BDT 0.76 a year ago.
For the six months, sales was BDT 1,118.2 million compared to BDT 941.98 million a year ago. Net income was BDT 170.16 million compared to BDT 97.38 million a year ago. Basic earnings per share from continuing operations was BDT 3.04 compared to BDT 1.74 a year ago. Diluted earnings per share from continuing operations was BDT 3.04 compared to BDT 1.74 a year ago.