Meghna Condensed Milk Industries Limited reported unaudited earnings results for the third quarter and nine months ended March 31, 2016. For the nine months, the company reported sales and other receipts of BDT 167,250,095 compared to BDT 157,034,340 for the same period a year ago. Operating loss was BDT 3,096,051 compared to BDT 4,852,044 last year. Net loss before other income was BDT 49,900,963 compared to BDT 57,847,796 last year. Net loss before tax was BDT 49,900,963 compared to BDT 53,493,765 last year. Net loss after tax was BDT 50,402,714 or BDT 1.24 per share compared to BDT 53,973,809 or BDT 1.17 per share last year. Net cash generated from operating activities was BDT 36,460,747 compared to BDT 50,734,469 last year.

For the quarter, the company reported sales were BDT 57,977,310 compared to BDT 60,121,750 for the same period a year ago. Operating loss was BDT 454,054 compared to BDT 1,125,202 last year. Net loss before tax was BDT 19,676,206 compared to BDT 18,459,628 last year. Net loss before other income was BDT 19,676,206 compared to BDT 19,955,334 last year. Net loss after tax was BDT 19,850,138 or BDT 3.15 per share compared to BDT 18,644,480 or BDT 3.373 per share last year.