Zaheen Spinning Limited reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was BDT 145.72 million compared to BDT 163.37 million a year ago. Net loss was BDT 10.14 million compared to net income of BDT 3.53 million a year ago. Basic loss per share from continuing operations was BDT 0.09 compared to basic earnings per share from continuing operations of BDT 0.03 a year ago.
For the nine months, sales was BDT 423.76 million compared to BDT 453.72 million a year ago. Net loss was BDT 32.64 million compared to net income of BDT 8.76 million a year ago. Basic loss per share from continuing operations was BDT 0.29 compared to basic earnings per share from continuing operations of BDT 0.08 a year ago.