Eastern Cables Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was BDT 300.74 million compared to BDT 239.53 million a year ago. Net income was BDT 28.36 million compared to BDT 5.42 million a year ago. Basic earnings per share from continuing operations was BDT 1.07 compared to BDT 0.21 a year ago.
For the six months, sales was BDT 360.2 million compared to BDT 342.92 million a year ago. Net income was BDT 16.93 million compared to BDT 7.49 million a year ago. Basic earnings per share from continuing operations was BDT 0.64 compared to BDT 0.28 a year ago.