Sonali Ansh Industries H1 profit drops by 79%
In the Oct-Dec quarter, it posted Tk0.12 in EPS, down from Tk0.68 over the same period a year ago
Sonali Ansh Industries Ltd has reported a 79% drop in its net profit in the July-December period of 2020.
According to the Dhaka Stock Exchange (DSE), the company posted Tk0.26 in its earnings per share (EPS) for the first half of this fiscal year which was Tk1.23 over the same period a year ago.
In the second (October-December) quarter, Sonali Ansh posted Tk0.12 in EPS, down from Tk0.68 over the same period a year ago.
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Its net asset value per share stood at Tk225.8 at the end of last December.
However, the extent of information on the company's export decline was unavailable as the website address of Sonali Ansh mentioned in the DSE website was inaccessible while the report was being written.
Meanwhile, its alternative website appears to be only for marketing purposes where no financial information for shareholders is available despite the regulator's clear order for maintaining a website which helps investors get relevant information.
