Robi posts 3pc rise in earnings

Robi posted 3 per cent rise in its earnings in the financial year ended on December 2021, said the second largest mobile phone operator in a disclosure yesterday.

The mobile phone, listed in 2020, posted Tk 0.34 earnings per share (EPS) in 2021 from Tk 0.33 each share the previous year.

The latest profit figure was the highest since 2019 when Robi recorded only Tk 0.04 per share.

With 5.3 crore mobile subscribers as of December last year, Robi said its net asset value a share declined but its net operating cash flow per share increased 16 per cent to Tk 6.22 on December 31, 2021.

Shares of Robi declined 0.28 per cent to Tk 36.20 yesterday at the Dhaka Stock Exchange from the previous day.

The company recommended 2 per cent final cash dividend.