Alltex Industries Ltd. said its normalized net income for the fiscal first quarter ended Sept. 30 was 56 poisha per share, compared with a loss of 21 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 31.5 million taka, compared with a loss of 11.7 million taka in the prior-year period.
The normalized profit margin climbed to 5.0% from negative 2.0% in the year-earlier period.
Total revenue rose on an annual basis to 623.9 million taka from 600.4 million taka, and total operating expenses rose from the prior-year period to 572.7 million taka from 556.8 million taka.
Reported net income totaled 43.2 million taka, or 77 poisha per share, compared to a loss of 18.9 million taka, or a loss of 34 poisha per share, in the year-earlier period.
As of Dec. 15, US$1 was equivalent to 77.29 taka.
