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Four large-cap cos post big rise in EPS

FE REPORT | November 15, 2021 00:00:00


Some large-cap listed companies saw significant rise in EPS (earnings per share) for July-September (Q1) 2021, compared to the same period of the previous year.

The companies are MJL Bangladesh, Beximco, Beximco Pharmaceuticals, and Bangladesh Steel Re-Rolling Mills (BSRM).

Of the companies, the Beximco saw the highest rise in EPS for Q1 2021. Its EPS for the Q1 2021 is 29 times higher from that of same quarter of the previous year.

The companies said they were able to see steep rise in EPS due to significant rise in sales and reduction of their finance costs.

Beximco has reported its EPS of Tk 4.11 for July-September 2021 as against Tk 0.14 for July-September 2020. The company's NOCFPS was Tk 1.14 for July-September 2021 as against Tk 1.34 for July-September 2020.

The BSRM reported its consolidated EPS of Tk 4.29 for July-September 2021 as against Tk 1.42 for July-September 2020.

Beximco Pharmaceuticals has reported its consolidated EPS of Tk 3.28 for July-September 2021 as against Tk. 2.41 for July-September 2020.

The company's consolidated NOCFPS was Tk 4.46 for July-September 2021 as against Tk 3.00 for July-September 2020.

In a disclosure, the company said it saw a 22.3 per cent increase in sales in the reported first quarter, compared to the same period of prior year.

Of other large cap companies, MJL Bangladesh has reported its consolidated EPS of Tk 1.87 for July-September, 2021 as against Tk 1.10 for July-September, 2020.

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