Hamid Fabrics PLC reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was BDT 304.2 million compared to BDT 549.58 million a year ago. Net loss was BDT 59.77 million compared to BDT 2.45 million a year ago. Basic loss per share from continuing operations was BDT 0.66 compared to BDT 0.03 a year ago.
For the nine months, sales was BDT 1,284.55 million compared to BDT 2,174.95 million a year ago. Net loss was BDT 79.02 million compared to net income of BDT 28.98 million a year ago. Basic loss per share from continuing operations was BDT 0.87 compared to basic earnings per share from continuing operations of BDT 0.32 a year ago.