trending Market Intelligence /marketintelligence/en/news-insights/trending/tKIzrUVukcJ0UiBH_nAdEg2 content esgSubNav
In This List

Aman Feed fiscal Q2 profit climbs YOY

Research

Foreign Brokers, Fish out of Water in China Market?

Blog

Investment Banking Essentials Newsletter: June Edition, Part - 2

Blog

Banking Essentials Newsletter: June Edition, Part - 2

Blog

Insight Weekly: Fed's policy stance; overdrafts under scrutiny; energy stocks rally


Aman Feed fiscal Q2 profit climbs YOY

Aman Feed Ltd. said its normalized net income for the fiscal second quarter ended Dec. 31, 2015, was 70 poisha per share, a gain from 34 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 80.7 million taka, an increase from 39.4 million taka in the year-earlier period.

The normalized profit margin increased to 10.0% from 5.5% in the year-earlier period.

Total revenue rose 12.8% year over year to 803.9 million taka from 712.5 million taka, and total operating expenses climbed 8.5% from the prior-year period to 636.9 million taka from 587.0 million taka.

Reported net income grew 77.4% year over year to 107.2 million taka, or 93 poisha per share, from 60.4 million taka, or 52 poisha per share.

As of Jan. 28, US$1 was equivalent to 78.48 taka.