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Fu-Wang Ceramic reports 10% decline in Q1 earnings

Dhaka, Monday


25 November 2024


Business Insider Bangladesh

Fu-Wang Ceramic reports 10% decline in Q1 earnings

BI Report || BusinessInsider

Published: 18:30, 18 November 2020  
Fu-Wang Ceramic reports 10% decline in Q1 earnings

Photo: Collected

The Fu-Wang Ceramic Industries Ltd has reported only a 10 percent decline in their earnings amid the pandemic.

The company, in a statement on the Dhaka Stock Exchange on Wednesday, said its earnings per share (EPS) were Tk 0.09 for Q1 (July-September) of 2020, as against Tk 0.10 for the same period of the last year.

It also said that its consolidated net operating cash flow per share (NOCFPS) was Tk 0.47 for Q1 of 2020, as against Tk 0.23 in the corresponding period a year earlier.

The net asset value (NAV) per share was Tk 11.60 as on September 30 and Tk 11.50 as on June 30, 2020.