Bangladesh Submarine Cable Company Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was BDT 932.47 million compared to BDT 1,001.92 million a year ago. Revenue was BDT 1,159.38 million compared to BDT 1,312.12 million a year ago. Net income was BDT 590 million compared to BDT 720.06 million a year ago. Basic earnings per share from continuing operations was BDT 3.58 compared to BDT 4.37 a year ago. Diluted earnings per share from continuing operations was BDT 2.91 compared to BDT 3.55 a year ago.
For the six months, sales was BDT 1,929.89 million compared to BDT 1,961.31 million a year ago. Revenue was BDT 2,410.93 million compared to BDT 2,616.28 million a year ago. Net income was BDT 1,277.76 million compared to BDT 1,434.26 million a year ago. Basic earnings per share from continuing operations was BDT 7.75 compared to BDT 8.7 a year ago. Diluted earnings per share from continuing operations was BDT 6.3 compared to BDT 7.07 a year ago.