Saif Powertec 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 996.07 million compared to BDT 1,035.43 million a year ago. Net income was BDT 70.83 million compared to BDT 187.94 million a year ago. Basic earnings per share from continuing operations was BDT 0.19 compared to BDT 0.5 a year ago. Diluted earnings per share from continuing operations was BDT 0.19 compared to BDT 0.5 a year ago.
For the six months, sales was BDT 2,038.73 million compared to BDT 2,177.29 million a year ago. Net income was BDT 128.41 million compared to BDT 375.62 million a year ago. Basic earnings per share from continuing operations was BDT 0.34 compared to BDT 0.99 a year ago. Diluted earnings per share from continuing operations was BDT 0.34 compared to BDT 0.99 a year ago.