Ring Shine Textiles Limited reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was BDT 394.62 million compared to BDT 714.88 million a year ago. Net loss was BDT 192.3 million compared to net income of BDT 3.79 million a year ago. Basic loss per share from continuing operations was BDT 0.3762 compared to basic earnings per share from continuing operations of BDT 0.01 a year ago.
For the six months, sales was BDT 967.51 million compared to BDT 1,221.26 million a year ago. Net loss was BDT 378.12 million compared to BDT 171.62 million a year ago. Basic loss per share from continuing operations was BDT 0.7525 compared to BDT 0.34 a year ago.