Apex Tannery Limited reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was BDT 192.72 million compared to BDT 371.08 million a year ago. Net loss was BDT 29.32 million compared to net income of BDT 1.84 million a year ago. Basic loss per share from continuing operations was BDT 1.92 compared to basic earnings per share from continuing operations of BDT 0.12 a year ago.
For the nine months, sales was BDT 578.18 million compared to BDT 995.73 million a year ago. Net loss was BDT 82.28 million compared to net income of BDT 4.28 million a year ago. Basic loss per share from continuing operations was BDT 5.4 compared to basic earnings per share from continuing operations of BDT 0.28 a year ago.