4915927 said its normalized net income for the fiscal third quarter ended March 31 amounted to 51 poisha per share, a decline of 61.2% from 1.31 taka per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 82.7 million taka, a decrease of 52.4% from 173.8 million taka in the year-earlier period.
The normalized profit margin increased to 6.6% from 6.0% in the year-earlier period.
Total revenue declined 56.4% on an annual basis to 1.26 billion taka from 2.89 billion taka, and total operating expenses declined 56.9% from the prior-year period to 1.12 billion taka from 2.60 billion taka.
Reported net income fell 42.5% from the prior-year period to 106.2 million taka, or 65 poisha per share, from 184.5 million taka, or 1.39 taka per share.
s of April 30, US$1 was equivalent to 77.92 taka.IFAD Autos Ltd.
4915927 said its normalized net income for the fiscal third quarter ended March 31 amounted to 51 poisha per share, a decline of 61.2% from 1.31 taka per share in the year-earlier period.
