Q3 earnings of Shasha Denims increase

Shasha Denims Limited’s third quarterly (January-March) earnings increased by 53.84 percent. 

In a filing with Dhaka Stock Exchange on Thursday, the company said that its earnings per share (EPS) was Tk 0.20 for January-March 2021 as against Tk 0.13 for the same period of the previous year.

Meanwhile, the net asset value (NAV) per share stood at Tk 41.61 as of March 31, 2021, and Tk 41.41 as of June 30, 2020.

Shasha Denims debuted its trading on the Dhaka Stock Exchange on March 5, 2015. Since its debut, the company provided cash and stock dividends to its shareholders every year. 

In the year 2020, it offered 5 percent cash and 5 percent stock dividend. 

At the end of Thursday’s session, the price of each of the shares of the company was Tk 20.3.