Global heavy chemical company’s losses narrow

by times news cr

Published: 16:40, 28 November ⁢2024

The Board of Directors ⁤of⁣ global Heavy Chemicals‍ Ltd., a listed company in ⁢the ‍pharmaceutical and chemical⁢ sector of ‌the capital market, has released⁣ the unaudited financial report for the ⁤first quarter of the⁣ current financial year (July-September, 2024). ‌ ⁢ ⁤

According too the published report, the loss per share (EPS) of⁢ the company has decreased ‌in the current quarter compared to the ​previous fiscal year.

on⁣ Thursday (28 ‍November) Dhaka and Chittagong Stock Exchange (DSE-CSE) informed this information.

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Earlier, the ⁤company’s board⁣ of directors meeting held on Wednesday (November 27) released the ⁤financial report for the ⁢third ‌quarter of the current ⁤financial ‌year after reviewing and approving‌ it.

In the​ first quarter of the last financial year, the company had a loss⁢ per share⁣ of Rs. (1.10). The company had a loss per share⁤ of Rs (1.99) in the corresponding period of the ​previous ‍financial ⁣year. As an inevitable result, the loss per share decreased⁢ by ⁣Rs. (0.89).

Net operating‍ cash ‌flow per share ‌(NOCFPS) of the company stood at Tk 0.61 during the reporting period. The company’s ‌net operating cash flow per share ⁤was the same in ​the same period of the previous accounting year.

As of September 30, 2024, the company’s net asset value per share (NAVPS) stood at Tk 72.99.

Dhaka/NT/SB/

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