Hamid Fabrics PLC reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was BDT 459.42 million compared to BDT 792.22 million a year ago. Net loss was BDT 29.26 million compared to net income of BDT 4.05 million a year ago. Basic loss per share from continuing operations was BDT 0.32 compared to basic earnings per share from continuing operations of BDT 0.04 a year ago.
For the six months, sales was BDT 980.35 million compared to BDT 1,625.37 million a year ago. Net loss was BDT 19.25 million compared to net income of BDT 31.43 million a year ago. Basic loss per share from continuing operations was BDT 0.21 compared to basic earnings per share from continuing operations of BDT 0.35 a year ago.