Far East Knitting & Dyeing Industries 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 1,275.29 million compared to BDT 1,347.47 million a year ago. Net loss was BDT 52.05 million compared to net income of BDT 113.91 million a year ago. Basic loss per share from continuing operations was BDT 0.24 compared to basic earnings per share from continuing operations of BDT 0.52 a year ago.
For the six months, sales was BDT 2,677.54 million compared to BDT 2,249.15 million a year ago. Net loss was BDT 69.38 million compared to net income of BDT 97.47 million a year ago. Basic loss per share from continuing operations was BDT 0.32 compared to basic earnings per share from continuing operations of BDT 0.45 a year ago.