Hakkani Pulp & Paper 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 334.05 million compared to BDT 191.55 million a year ago. Net income was BDT 2.24 million compared to net loss of BDT 3.71 million a year ago. Basic earnings per share from continuing operations was BDT 0.12 compared to basic loss per share from continuing operations of BDT 0.2 a year ago.
For the nine months, sales was BDT 835.47 million compared to BDT 355.55 million a year ago. Net loss was BDT 13.34 million compared to BDT 20.14 million a year ago. Basic loss per share from continuing operations was BDT 0.7 compared to BDT 1.06 a year ago.