Saiham Textile Mills Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was BDT 489.91 million compared to BDT 775.89 million a year ago. Net income was BDT 13.35 million compared to net loss of BDT 56.28 million a year ago. Basic earnings per share from continuing operations was BDT 0.15 compared to basic loss per share from continuing operations of BDT 0.62 a year ago.
For the six months, sales was BDT 1,010.58 million compared to BDT 1,255.21 million a year ago. Net income was BDT 19.69 million compared to net loss of BDT 27.86 million a year ago. Basic earnings per share from continuing operations was BDT 0.22 compared to basic loss per share from continuing operations of BDT 0.31 a year ago.