Bengal Windsor Thermoplastics Ltd. said its normalized net income for the fiscal second quarter ended Dec. 31, 2014, was 61 poisha per share, a gain from 9 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 55.5 million taka, an increase from 8.3 million taka in the prior-year period.
The normalized profit margin climbed to 15.3% from 3.9% in the year-earlier period.
Total revenue climbed 72.5% year over year to 363.1 million taka from 210.5 million taka, and total operating expenses rose 35.9% year over year to 263.4 million taka from 193.9 million taka.
Reported net income increased from the prior-year period to 76.5 million taka, or 83 poisha per share, from 9.5 million taka, or 10 poisha per share.
As of Feb. 3, US$1 was equivalent to 77.73 taka.
