Matin Spinning Mills 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 1,935.2 million compared to BDT 2,034.99 million a year ago. Net income was BDT 154.74 million compared to BDT 176.01 million a year ago. Basic earnings per share from continuing operations was BDT 1.59 compared to BDT 1.81 a year ago.
For the six months, sales was BDT 3,811.89 million compared to BDT 3,986.75 million a year ago. Net income was BDT 56.52 million compared to BDT 378.04 million a year ago. Basic earnings per share from continuing operations was BDT 0.58 compared to BDT 3.88 a year ago.