Bangladesh Welding Electrodes Ltd. announced unaudited earnings results for the period ended March 31, 2014. For the period, the company reported turnover of BDT 100,272,019 compared with BDT 109,592,774 for the same period in the last year. Profit from operations was BDT 6,286,798 compared with BDT 14,158,993 for the same period in the last year.

Profit after non-operating income was BDT 8,293,265 compared with BDT 16,958,742 for the same period in the last year. Net profit before tax was BDT 7,898,347 compared with BDT 16,150,926 for the same period in the last year. Net profit after tax was BDT 4,936,467 compared with BDT 10,094,329 for the same period in the last year.

Adjusted earnings per share were BDT 0.12 compared with BDT 0.26 for the same period in the last year. Net cash provided by operating activities was BDT 8,412 compared with BDT 2,101,504 for the same period in the last year. Addition to fixed assets was BDT 2,450,129 compared with BDT 1,615,414 for the same period in the last year.