BBS Cables Limited posted 160 per cent rise in earnings per share (EPS) for the second quarter (Q2) of 2017-2018 fiscal year, compared to the same period a year ago, said an official disclosure.
As per un-audited second quarter (Q2) financial reports, the EPS was Tk 2.16 for October-December, 2017 as against Tk 0.83 for Q2 of 2016-2017 fiscal year, posting a 160 per cent rise during the period.
In six months for July-December, 2017, EPS of the sister concern of Bangladesh Building Systems was Tk 3.53 as against Tk 1.47 for July-December, 2016.
The net operating cash flow per share (NOCFPS) was Tk 3.15 for July-December, 2017 as against Tk 3.35 for July-December, 2016.
The net asset value (NAV) per share was Tk 19.76 as on December 31, 2017 and Tk. 19.17 as on June 30, 2017.
Each share of the electric wires manufacturer, which made its share trading debut on July 31, 2017, closed at Tk 109.60 on Tuesday at Dhaka Stock Exchange (DSE).
BBS Cables raised Tk 200 million through initial public offering (IPO) using the fixed price method.
The company’s paid-up capital is Tk 1.38 billion and authorised capital is Tk 3.0 billion while the total number of securities is 138 million.
The sponsor-directors own 33.60 per cent stake of the company while institutional investors own 16.70 per cent, foreign investors 0.06 per cent and the general public 49.64 per cent as on December 31, 2017, the DSE data showed.
