Hwa Well Textiles (BD) 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 563.19 million compared to BDT 504.43 million a year ago. Net income was BDT 75.91 million compared to BDT 52.04 million a year ago. Basic earnings per share from continuing operations was BDT 1.36 compared to BDT 0.93 a year ago. Diluted earnings per share from continuing operations was BDT 1.36 compared to BDT 0.93 a year ago.
For the nine months, sales was BDT 1,681.55 million compared to BDT 1,446.58 million a year ago. Net income was BDT 246.07 million compared to BDT 149.43 million a year ago. Basic earnings per share from continuing operations was BDT 4.39 compared to BDT 2.67 a year ago. Diluted earnings per share from continuing operations was BDT 4.39 compared to BDT 2.67 a year ago.