Standard Ceramic Industries 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 64.9 million compared to BDT 89.21 million a year ago. Net loss was BDT 13.14 million compared to net income of BDT 0.624 million a year ago. Basic loss per share from continuing operations was BDT 2.03 compared to basic earnings per share from continuing operations of BDT 0.1 a year ago.
For the nine months, sales was BDT 187.29 million compared to BDT 233.17 million a year ago. Net loss was BDT 41.09 million compared to BDT 14.23 million a year ago. Basic loss per share from continuing operations was BDT 6.36 compared to BDT 2.2 a year ago.