Metro Spinning Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported net loss was BDT 28.22 million compared to net income of BDT 28.75 million a year ago. Basic loss per share from continuing operations was BDT 0.46 compared to basic earnings per share from continuing operations of BDT 0.47 a year ago.
For the six months, sales was BDT 18.5 million compared to BDT 447.68 million a year ago. Net loss was BDT 73.06 million compared to net income of BDT 60.43 million a year ago. Basic loss per share from continuing operations was BDT 1.18 compared to basic earnings per share from continuing operations of BDT 0.98 a year ago.