trending Market Intelligence /marketintelligence/en/news-insights/trending/ehKErVKqJyH83hhg8N9LpQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Meghna Pet Industries fiscal Q3 loss narrows YOY


M&A rebound sparks optimism for near-term deal activity


Fintech Intelligence Newsletter: February 2021


Q&A: Navigating Climate Risk as a Financial Risk


Bundling fixed & mobile services is still a popular strategy for operators in Western Europe especially in Portugal and Spain

Meghna Pet Industries fiscal Q3 loss narrows YOY

Meghna PET Industries Ltd said its normalized net income for the fiscal third quarter ended March 31 was a loss of 6 poisha per share, compared with a loss of 11 poisha per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 773,640 taka, compared with a loss of 1.4 million taka in the year-earlier period.

Total revenue decreased 42.3% on an annual basis to 113,750 taka from 197,220 taka, and total operating expenses fell 43.3% year over year to 1.4 million taka from 2.4 million taka.

Reported net income totaled a loss of 1.2 million taka, or a loss of 10 poisha per share, compared to a loss of 2.2 million taka, or a loss of 18 poisha per share, in the prior-year period.

As of April 26, US$1 was equivalent to 78.37 taka.