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The Financial Express

Listed MNCs perform mixed in earnings

| Updated: August 02, 2022 15:00:08


Listed MNCs perform mixed in earnings

Listed multinational companies (MNCs) have performed mixed in earnings per share (EPS) for April-June, 2022 compared to the same period of the previous year.

Some of the companies' EPS advanced due to efficiency in operating expenses and reduction of corporate income tax rate while some others saw a decline in EPS because of higher cost of raw materials.

Of the companies, the consolidated EPS of LafargeHolcim Bangladesh was Tk. 1.06 for April-June 2022 with a rise of 10.41 per cent from that of the same quarter of the previous year.

The company's consolidated EPS stood at Tk. 1.87 for January-June 2022 as against Tk. 1.85 for January-June 2021, according to information of Dhaka Stock Exchange (DSE).

The EPS of Marico Bangladesh declined 4.72 per cent to close at Tk. 32.67 for April-June 2022 from the EPS of 34.29 reported for April-June 2021.

The company has reported its NOCFPS of Tk. 30.19 for April-June 2022 against Tk. 27.38 for April-June 2021.

Heidelberg Cement Bangladesh has reported a loss of Tk 0.66 per share for April-June 2022 the EPS of Tk. 3.56 for April-June 2021.

The company's loss was Tk 3.63 per share for January-June 2022 as against the EPS Tk. 11.79 for January-June 2021.

The company has informed that its EPS reduced than the same period of last year, mainly for higher cost of raw materials, higher freight cost, local currency (BDT) devaluation against US dollar and schedule plant repairs and maintenance cost.

The EPS of Linde Bangladesh declined 32.12 per cent to close at Tk. 15.30 for April-June 2022 as against Tk. 22.54 for April-June 2021.

The EPS was Tk. 34.95 for January-June 2022 as against Tk. 41.42 for January-June 2021.

The consolidated EPS of RAK Ceramics (Bangladesh) declined 15.38 per cent to close at Tk. 0.44 for April-June 2022 against Tk. 0.52 for April-June 2021.

The company's consolidated EPS was Tk. 1.01 for January-June 2022 as against Tk. 1.02 for January-June 2021.

The company has informed that sales increased by 16.35 per cent from Tk. 3.27 billion to Tk. 3.80 billion.

The company has also informed that the board of directors has decided to invest in faucets business by establishing a new plant with production capacity of 1,500 pcs per day at an estimated investment of Tk 950.00 million.

Unilever Consumer Care saw a robust growth of 78.66 per cent in EPS for April-June, 2022 compared to the same period of the previous.

The EPS was Tk. 14.99 for April-June 2022 against Tk. 8.39 for April-June 2021.

The EPS stood at Tk. 29.32 for January-June 2022 against Tk. 18.59 for January-June 2021.

The company said its EPS increased due to efficiency in operating expenses, reduction of corporate income tax rate as well as large one-off benefit coming out of reassessment of past liabilities and obligations in light of recent business development.

Robi Axiata incurred a loss of Tk 0.02 per share for April - June 2022 against Tk. 0.09 for April - June 2021.

The company's consolidated EPS was Tk. 0.05 for January - June 2022 as against Tk. 0.15 for January - June 2021.

Grameenphone reported its EPS of Tk 6.82 for April-June 2022 against Tk. 6.30 for April-June 2021.

The company's EPS was Tk 12.82 for January-June 2022 against Tk. 12.89 for January-June 2021.

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