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ADN Telecom Q3 earnings down 3%

Staff Correspondent
26 Apr 2022 00:00:00 | Update: 26 Apr 2022 05:09:16
ADN Telecom Q3 earnings down 3%

ADN Telecom Limited has posted a 3 per cent drop in its earnings for the third quarter (Q3) in January-March of the year 2021-2022.

Its earnings per share (EPS) fell to Tk 0.54 in the January-March period from Tk 0.56 recorded in the same period a year ago, the company said in a filing with the Dhaka Stock Exchange (DSE) on Monday.

Its net operating cash flow per share turned positive in the first nine months of the current fiscal year. It was Tk 1.14 in the Q3 of the previous year.

The net asset value (NAV) of the company per share was Tk 26.73 as of March 31, 2022, and Tk 25.97 as of June 30, 2021.

ADN’s share price rose 0.18 per cent to Tk 64.40 on the DSE. The price moved between Tk 63.40 and Tk 65.30 throughout the last year.

Listed in 2019, the company has Tk 415 crore in market capitalisation, Tk 64 crore in paid-up capital and Tk 61 crore in surplus reserve.

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