Hwa Well Textiles (BD) PLC reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was BDT 302.76 million compared to BDT 563.19 million a year ago. Net income was BDT 16.12 million compared to BDT 75.91 million a year ago. Basic earnings per share from continuing operations was BDT 0.29 compared to BDT 1.36 a year ago. Diluted earnings per share from continuing operations was BDT 0.29 compared to BDT 1.36 a year ago.
For the nine months, sales was BDT 1,157.52 million compared to BDT 1,681.55 million a year ago. Net income was BDT 147.02 million compared to BDT 246.07 million a year ago. Basic earnings per share from continuing operations was BDT 2.63 compared to BDT 4.39 a year ago. Diluted earnings per share from continuing operations was BDT 2.63 compared to BDT 4.39 a year ago.