Esquire Knit Composite’s Q1 earnings drop 21%

The earnings per share (EPS) of the Esquire Knit Composite Limited has dropped by 21% to Tk0.52 for the Q1 (July-September) as against Tk0.66 for the same period of the previous year. 

In a statement on the Dhaka Stock Exchange (DSE) on Tuesday, the company said the net operating cash flow per share (NOCFPS) was Tk0.69 in the negative for Q1 of 2020 as against Tk0.85 for the same period of last year. 

The net asset value (NAV) per share with revaluation was Tk51.13 as on September 30 and Tk50.61 as on June 30, 2020, 

Meanwhile, NAV per share without revaluation was Tk36.41 as on September 30 and Tk35.88 as on June 30, 2020.