Mozaffar Hossain Spinning Mills 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 652.22 million compared to BDT 865.93 million a year ago. Net income was BDT 11.76 million compared to BDT 74.82 million a year ago. Basic earnings per share from continuing operations was BDT 0.12 compared to BDT 0.74 a year ago.
For the nine months, sales was BDT 1,814.36 million compared to BDT 2,109.16 million a year ago. Net income was BDT 95.57 million compared to BDT 172.66 million a year ago. Basic earnings per share from continuing operations was BDT 0.95 compared to BDT 1.71 a year ago.