Hamid Fabrics 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 549.58 million compared to BDT 669.66 million a year ago. Net loss was BDT 2.45 million compared to net income of BDT 18.43 million a year ago. Basic loss per share from continuing operations was BDT 0.03 compared to basic earnings per share from continuing operations of BDT 0.2 a year ago.
For the nine months, sales was BDT 2,174.95 million compared to BDT 1,686.12 million a year ago. Net income was BDT 28.98 million compared to BDT 34.91 million a year ago. Basic earnings per share from continuing operations was BDT 0.32 compared to BDT 0.38 a year ago.