Some 10 listed companies registered hefty growth in EPS (earnings per share) for October-December (Q2), 2021 compared to the same period of the previous year mainly riding on increased turnover.
The companies' EPS jumped up to 3275 per cent for the Q2, 2021 from the same quarter of the previous year.
Of the companies, Square Textile saw 317.54 per cent growth in its consolidated EPS for the Q2, 2021.
The company's consolidated EPS was Tk. 2.38 for October-December 2021 against Tk. 0.57 for October-December 2020.
The consolidated EPS was Tk. 4.68 for July-December 2021 against Tk. 0.79 for July-December 2020.
"The EPS has increased due to increased production and increased sales price of yarn," the company said in a disclosure.
For the Q2, 2021, the consolidated EPS of Square Pharmaceuticals rose 21 per cent to close at Tk 5.24 from Tk. 4.33 reported for the same period of the previous year.
The consolidated EPS was Tk. 10.88 for July-December 2021 against Tk. 8.76 for July-December 2020.
The company has informed that increase in sales revenue along with proficient usage of materials propelled increased gross profit for the reporting period.
"Favourable movement in foreign exchange transactions has also aided in increased net operating profit. The reduced corporate tax rate for the period resulted in the increment consolidated EPS," said the Square Pharmaceuticals.
National Tea Company has registered 1636.66 per cent growth in EPS for the Q2, 2021 compared to the same period of the previous year.
The company's EPS was Tk 5.21 for October-December 2021 against Tk. 0.30 for October-December 2020.
The EPS was Tk. 8.66 for July-December 2021 against Tk. 2.41 for July-December 2020.
"EPS is increased due to rise in turnover and decrease in COGS (cost of goods sold) as more quantity unsold compared to last year's same period cost of which is deferred to next period," according to a disclosure posted on the DSE website.
The EPS of Bangladesh Monospool Paper Manufacturing Company rose 962.50 per cent or Tk 0.77 to close at Tk 0.85 for October-December 2021 compared to the same period of the previous year.
The EPS was Tk. 1.14 for July-December 2021 against Tk. 0.18 for July-December 2020.
For the October-December 2021, Paper Processing & Packaging reported its EPS of Tk 1.33 which was Tk 0.02 for October-December 2020.
The company's EPS advanced 3275 per cent or Tk 1.31 for the Q2, 2021 compared to the same period of the previous year.
The EPS was Tk. 2.12 for July-December 2021 against Tk. 0.04 for July-December 2020.
The NOCFPS was Tk. 2.03 for July-December 2021 as against Tk. 0.22 for July-December 2020.
Dhaka Electric Supply Company reported its EPS of Tk. 0.37 for October-December 2021 against Tk. 0.05 for October-December 2020.
The EPS was Tk. 0.51 for July-December 2021 against Tk. 0.31 for July-December 2020.
The company has also informed that EPS has increased due to increase in electricity sales revenue, other operating revenue and interest and miscellaneous income.
Far East Knitting & Dyeing Industries reported an EPS of Tk 0.21 for October-December, 2021 against Tk. 0.07 for October-December.
The EPS was Tk. 0.43 for July-December, 2021 against Tk. 0.13 for July-December, 2020.
The company saw a rise in EPS by Tk 0.30 due to increase in other income and profit from associate, according to a disclosure.
Alltex Industries returned to profit in October-December, 2021 from the loss of incurred for the same period of the previous year.
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