Bangas Ltd and The Peninsula Chittagong reported higher profits in the first quarter of the current financial year while Hakkani Pulp & Paper Mills Ltd has been in the red since FY2020-21.

Earnings per share (EPS) of Bangas, a fast-moving consumer goods company that deals in chips, biscuits, bread and the like, stood at Tk 0.06 in the July-September period while it was Tk 0.12 in the negative last year, according to the company's unaudited financial statement.

The Peninsula Chittagong, a business class hotel in Chattogram, posted an EPS of Tk 0.31 for the first quarter, up 14.81 per cent year-on-year from Tk 0.27.

The company said its core business was interrupted due to the Covid-19 pandemic and subsequent curbs on public movement that stymied tourism during the quarter.

Meanwhile, Hakkani Pulp & Paper Mills reported a negative EPS of Tk 1.28 for the financial year that ended on June 30 due to a decrease in sales.

However, the company's EPS was Tk 0.07 in the positive in the previous financial year when demand was stable.