Anlima Yarn Dyeing Ltd. said its normalized net income for the fiscal second quarter ended Dec. 31, 2014, came to 12 poisha per share, a decrease of 42.4% from 21 poisha per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 2.2 million taka, a decline of 42.4% from 3.8 million taka in the prior-year period.
The normalized profit margin declined to 3.8% from 6.3% in the year-earlier period.
Total revenue decreased year over year to 56.9 million taka from 59.5 million taka, and total operating expenses increased year over year to 52.5 million taka from 51.0 million taka.
Reported net income declined 47.5% year over year to 2.9 million taka, or 16 poisha per share, from 5.6 million taka, or 31 poisha per share.
As of Feb. 2, US$1 was equivalent to 77.77 taka.
