Zaheen Spinning suffers losses in 2021-22
Zaheen Spinning Limited incurred a loss of Tk 14.57 crore in the year that ended on June 30, extending its losses to three years.
The manufacturer of hosiery yarn also suffered a loss of Tk 28.68 crore in 2020-21.
So, Zaheen Spinning reported earnings per share of Tk 1.28 negative for the last financial year, which was Tk 2.52 negative in 2020-21.
The net asset value per share slipped to Tk 4.97 in 2021-22 from Tk 6.25 a year earlier, while the net operating cash flow per share fell to Tk 0.06 from Tk 0.43 during the period.
The board of directors of the company has recommended no dividend for 2021-22.
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