Zaheen Spinning 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 146.36 million compared to BDT 154.24 million a year ago. Net loss was BDT 12.43 million compared to net income of BDT 3.47 million a year ago. Basic loss per share from continuing operations was BDT 0.11 compared to basic earnings per share from continuing operations of BDT 0.03 a year ago.
For the six months, sales was BDT 278.03 million compared to BDT 290.36 million a year ago. Net loss was BDT 22.5 million compared to net income of BDT 5.23 million a year ago. Basic loss per share from continuing operations was BDT 0.2 compared to basic earnings per share from continuing operations of BDT 0.05 a year ago.