Eastern Cables Limited reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was BDT 239.53 million compared to BDT 108.61 million a year ago. Net income was BDT 5.42 million compared to net loss of BDT 21.04 million a year ago. Basic earnings per share from continuing operations was BDT 0.21 compared to basic loss per share from continuing operations of BDT 0.8 a year ago.
For the six months, sales was BDT 342.92 million compared to BDT 186.88 million a year ago. Net income was BDT 7.49 million compared to net loss of BDT 47.72 million a year ago. Basic earnings per share from continuing operations was BDT 0.28 compared to basic loss per share from continuing operations of BDT 1.81 a year ago.