Home ›› 23 Nov 2021 ›› Stock
Golden Son Ltd (GSL), a listed engineering company, witnessed positive in its earnings in the first quarter of this fiscal.
It reported a rise of consolidated earnings per share (EPS) to Tk 0.18 for July-September 2021 as against negative Tk 0.13 for the same period of the previous year, said the company in a filing with the Dhaka Stock Exchange on Monday.
“The consolidated EPS increased significantly during the period due to the rise in turnover and decrease in operating and financial expenses in comparison to the first quarter of last year,” it said.
Consolidated net operating cash flow per share (NOCFPS) was Tk 0.14 for July-September 2021 as against Tk 0.31 for the same period of 2020, declining 55 per cent.
About the fall in cash flow, the company said, “Consolidated NOCFPS decreased due to increase in cash paid to suppliers and employees during the period.”
Its net asset value per share (NAV) increased slightly. Consolidated NAV per share was Tk 20.39 as of September 30, 2021 and Tk 20.22 as of June 30, 2021.
GSL’s share price increased 0.49 per cent to Tk 20.70 on the day.
Its market capitalisation stood at Tk 353 crore as of Monday and paid-up capital Tk 171 crore. The company was listed in 2007 on the stock exchanges.
GSL is one of the country’s leading engineering companies involved in manufacturing, importing and exporting a variety of products. Its main products are toys, garment accessories, and light engineering.
