trending Market Intelligence /marketintelligence/en/news-insights/trending/y_uA4HWFwqunW9_mYd1hKQ2 content esgSubNav
In This List

Alltex Industries fiscal Q1 profit falls YOY


HDFC Securities Investment Research Now Available through S&P Capital IQ Pro


MediaTalk | Season 2
Ep.2 Back to the Box Office


The Marriage of Two Best-in-Class Solutions Delivers a Significant Advancement in Data Visualization and Technical Analysis

Case Study

A Green Lender Adopts a Robust Approach for Assessing Project Finance Credit Risks

Alltex Industries fiscal Q1 profit falls YOY

Alltex Industries Ltd. said its normalized net income for the fiscal first quarter ended Sept. 30 was 32 poisha per share, a decrease of 44.0% from 56 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 17.6 million taka, a decrease of 44.0% from 31.5 million taka in the year-earlier period.

The normalized profit margin declined to 4.5% from 5.0% in the year-earlier period.

Total revenue decreased 37.0% year over year to 393.2 million taka from 623.9 million taka, and total operating expenses decreased 38.4% year over year to 352.9 million taka from 572.7 million taka.

Reported net income fell 39.3% from the prior-year period to 26.2 million taka, or 47 poisha per share, from 43.2 million taka, or 77 poisha per share.

As of Oct. 30, US$1 was equivalent to 77.75 taka.