Q3 earnings of Bangas drop

Bangas Ltd’s third quarterly (January-March) earnings dropped by 72.41 percent. 

In a filing with Dhaka Stock Exchange on Tuesday, the company said that its earnings per share (EPS) was Tk 0.08 for January-March 2021 as against Tk 0.29 for the same period of the previous year. 

Meanwhile, its net asset value (NAV) per share stood at Tk 21.40 as of March 31, 2021, and Tk 21.29 as of June 30, 2020.

Earlier in the year, Bangas offered 5 percent cash dividends to its shareholders. The adjusted opening price of each of its share during Tuesday’s session was Tk 116.9.