Renata makes Tk 124cr profit in Jul-Sep
Renata Ltd reported a 10 per cent fall in profit in the first quarter of the current financial year of 2022-23.
The pharmaceutical company made a profit of Tk 124.56 crore in July-September, which was Tk 138.28 crore during the identical quarter of 2021.
Thus, its consolidated earnings per share were Tk 11.62 in July-September this year against Tk 12.90 in the same quarter a year earlier, according to the unaudited financial statements.
The consolidated net operating cash flow per share declined to Tk 9.59 in July-September against Tk 14.80 for the same quarter last year, due to an increase in payments for costs and expenses, said the company in a filing on the Dhaka Stock Exchange.
The consolidated net asset value per share was Tk 285.98 on September 30 and Tk 274.39 on June 30.
Shares of Renata slid 6.55 per cent on the DSE yesterday.
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