Bangas Ltd posts Q1, Q2, Q3 financial results

Food manufacturer Bangas Ltd has reported its unaudited financial results for separate periods.

The results were revealed on the website of the Dhaka Stock Exchange (DSE) Sunday.

For the first quarter (Q1) period, earnings per share (EPS) was 0.26 taka for July-September, 2019 as against 1.10 taka for July-September, 2018; net operating cash flow per share (NOCFPS) was 0.70 taka for July-September, 2019 as against 1.67 taka for July-September, 2018. Net asset value (NAV) per share was 22.48 taka as on September 30, 2019, and 22.22 taka as on June 30, 2019.

For the second quarter (Q2) period, earnings per share (EPS) was 0.33 taka for October-December 2019 as against 1.13 taka for October-December 2018; earnings per share (EPS) was 0.57 taka for July-December 2019 as against 2.23 taka for July-December 2018. Net operating cash flow per share (NOCFPS) was 1.15 taka for July-December 2019 as against 1.36 taka for July-December 2018. Net asset value (NAV) per share was 21.27 taka as on December 31, 2019, and 22.22 taka as on June 30, 2019.

For the third quarter (Q3) period, earnings per share (EPS) was 0.29 taka for January-March 2020 as against 1.03 taka for January-March 2019; earnings per share (EPS) was 0.87 taka for July 2019-March 2020 as against 3.26 taka for July 2018-March 2019. Net operating cash flow per share (NOCFPS) was 1.03 taka for July 2019-March 2020 as against 0.65 taka for July 2018-March 2019. Net asset value (NAV) per share was 21.56 taka as on March 31, 2020, and 22.22 taka as on June 30, 2019.