Argon Denims Limited reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was BDT 1,334.29 million compared to BDT 1,298.04 million a year ago. Net income was BDT 20.06 million compared to BDT 29.43 million a year ago. Basic earnings per share from continuing operations was BDT 0.14 compared to BDT 0.21 a year ago.
For the nine months, sales was BDT 4,074.48 million compared to BDT 3,149.34 million a year ago. Net income was BDT 79.75 million compared to BDT 62.04 million a year ago. Basic earnings per share from continuing operations was BDT 0.57 compared to BDT 0.45 a year ago.