FE Today Logo

More companies see rise in EPS

FE Report | January 31, 2022 00:00:00


A good number of listed companies including Investment Corporation of Bangladesh (ICB) saw a rise in EPS (earnings per share) for October-December (Q2), 2021 compared to the same period of the previous year.

In separate disclosures, some companies attributed the rise of EPS to the advancement in capital gains and turnover along with reduction in administrative and financial expenses.

The ICB reported a consolidated EPS of Tk 1.03 for October-December 2021 against Tk. 0.39 for October-December 2020.

The company's EPS rose 164.10 per cent or Tk 0.64 for the Q2, 2021 compared to the same period of the previous year.

The consolidated EPS was Tk. 1.74 for July-December 2021 against Tk. 0.77 for July-December 2020.

The consolidated NOCFPS, however, declined to Tk (8.31), a negative value, for July-December 2021 against Tk. (6.25), a negative value, for July-December 2020.

"The EPS increased due to rise in capital gain and decrease in interest expenses. The NOCFPS was negative in 1st half of FY-2021-22 due to repayment of Term Deposit Receipt (TDR)," the company said in a disclosure.

Renata reported a consolidated EPS of Tk 12.72 for October-December 2021 against Tk. 10.84 for October-December 2020.

The consolidated EPS was Tk. 25.62 for July-December 2021 as against Tk. 22.39 for July-December 2020.

The company's consolidated NOCFPS (net operating cash flow per share) was Tk. 15.54 for July-December 2021 as against Tk. 20.63 for July-December 2020.

The company has informed that the rise in payment for cost and expenses during July-December, 2021 in the normal course of business resulted in increased cash outflow and reduction in net operating cash flow compared to July-December 2020.

National Tubes returned to profit and reported an EPS of Tk 0.16 for October-December 2021 against the loss of Tk 0.12 per share for October-December 2020.

The company's NOCFPS was Tk. 0.59 for July-December 2021 against Tk. 4.09 for July-December 2020.

Hamid Fabrics also returned to profit and reported an EPS of Tk. 0.15 for October-December 2021 against the loss of Tk 0.58 per share for October-December 2020.

[email protected]


Share if you like