Bangas Limited reported unaudited earnings results for the third quarter and nine months ended March 31, 2013. For the quarter, the company reported turnover of BDT 36,083,162 compared to BDT 27,896,377 for the same period a year ago. Operating profit was BDT 6,284,036 compared to BDT 695,536 last year. Net profit before WPPF was BDT 6,330,061 compared to BDT 740,009 last year. Net profit before tax was BDT 6,013,558 compared to BDT 703,009 last year. Net profit after tax was BDT 4,359, 830 or BDT 2.02 per share compared to BDT 509,681 or BDT 0.24 per share last year.

For the nine months, the company reported turnover of BDT 102,227,882 compared to BDT 74,891,609 for the same period a year ago. Operating profit was BDT 17,146,373 compared to BDT 4,246,516 last year. Net profit before WPPF was BDT 17,298,703 compared to BDT 4,376,276 last year. Net profit before tax was BDT 16,433,768 compared to BDT 4,157,462 last year. Net profit after tax was BDT 11,914,482 or BDT 5.53 per share compared to BDT 4,157,462 or BDT 1.40 per share last year. Net asset value was BDT 16.97 per share as on December 31, 2013. Cash flows from operating activities were BDT 798,583 compared to BDT 19,344,539 last year. Net operating cash flow was BDT 0.37 per share compared to negative BDT 8.98 per share last year. Acquisition of fixed assets was BDT 107,450 for the period.