Advanced Chemical Industries 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 28,512.04 million compared to BDT 23,543.97 million a year ago. Net income was BDT 25.38 million compared to BDT 31.7 million a year ago. Basic earnings per share from continuing operations was BDT 0.33 compared to BDT 0.42 a year ago. Diluted earnings per share from continuing operations was BDT 0.33 compared to BDT 0.42 a year ago.
For the nine months, sales was BDT 85,577.03 million compared to BDT 69,362.62 million a year ago. Net loss was BDT 110.83 million compared to net income of BDT 431.93 million a year ago. Basic loss per share from continuing operations was BDT 1.45 compared to basic earnings per share from continuing operations of BDT 5.67 a year ago. Diluted loss per share from continuing operations was BDT 1.45 compared to diluted earnings per share from continuing operations of BDT 5.67 a year ago.