Quasem Industries 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 318.68 million compared to BDT 269.02 million a year ago. Net income was BDT 8.84 million compared to BDT 10.6 million a year ago. Basic earnings per share from continuing operations was BDT 0.12 compared to BDT 0.15 a year ago.
For the nine months, sales was BDT 880.76 million compared to BDT 821.61 million a year ago. Net loss was BDT 5.33 million compared to net income of BDT 24.36 million a year ago. Basic loss per share from continuing operations was BDT 0.07 compared to basic earnings per share from continuing operations of BDT 0.33 a year ago.