trending Market Intelligence /marketintelligence/en/news-insights/trending/i8OqdykGT53tVthq22jLZw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Peninsula Chittagong fiscal Q3 profit falls 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

Peninsula Chittagong fiscal Q3 profit falls YOY

Peninsula Chittagong Ltd. said its normalized net income for the fiscal third quarter ended March 31 came to 17 poisha per share, a decrease of 34.1% from 25 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 19.8 million taka, a decrease of 34.1% from 30.0 million taka in the prior-year period.

The normalized profit margin declined to 25.3% from 38.7% in the year-earlier period.

Total revenue totaled 78.1 million taka, compared with 77.5 million taka in the prior-year period, and total operating expenses increased 26.2% from the prior-year period to 68.2 million taka from 54.1 million taka.

Reported net income decreased 31.8% year over year to 23.7 million taka, or 20 poisha per share, from 34.8 million taka, or 29 poisha per share.

As of April 27, US$1 was equivalent to 78.41 taka.