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Anlima Yarn Dyeing fiscal Q3 profit climbs 33.0% YOY

Anlima Yarn Dyeing Ltd. said its normalized net income for the fiscal third quarter ended March 31 amounted to 19 poisha per share, an increase of 33.0% from 14 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 3.3 million taka, an increase of 33.0% from 2.5 million taka in the prior-year period.

The normalized profit margin increased to 5.7% from 4.8% in the year-earlier period.

Total revenue increased 13.0% year over year to 58.2 million taka from 51.5 million taka, and total operating expenses increased 14.6% on an annual basis to 52.2 million taka from 45.5 million taka.

Reported net income increased 25.4% on an annual basis to 4.5 million taka, or 25 poisha per share, from 3.6 million taka, or 20 poisha per share.

As of May 1, US$1 was equivalent to 77.72 taka.