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eGeneration earning soar 5% in Q3

Staff Correspondent
20 Apr 2022 00:00:00 | Update: 20 Apr 2022 00:09:45
eGeneration earning soar 5% in Q3

eGeneration Limited posted a 5 per cent rise in its earnings for the third quarter of the fiscal year 2021-22.

Its earnings per share (EPS) rose to Tk 0.40 in the January-March period, up from Tk 0.38 recorded in the same period a year ago, the company said in a filing with the Dhaka Stock Exchange (DSE) on Tuesday.

The eGeneration NOCFPS was Tk 0.39 from July 2021 to March 2022, as against Tk 0.16 from July 2020 to March 2021. NOCFPS increased due to aggressive receivable collection and a conservative payment strategy in the current year, it said.

Its net asset value (NAV) per share was Tk 21.41 as of March 31, 2022 and Tk 20.86 as of June 30, 2021.

Following the announcement, its stock price increased 0.84 per cent to Tk 48 on the bourse.As of Tuesday, its market capitalisation stood at Tk 357 crore. Its paid up capital was Tk 75 crore and its surplus reserve Tk 62 crore, respectively.

eGeneration was listed on the capital market in 2021.

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