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The Financial Express

Western Marine, Dragon Sweater earnings jump

| Updated: January 18, 2018 11:49:41


Lankabangla and Fianancial Express Lankabangla and Fianancial Express
Western Marine, Dragon Sweater earnings jump

Western Marine Shipyard and Dragon Sweater and Spinning have reported higher earnings for the period of October-December, 2017 compared to the same period of the previous year.

According to un-audited financial statements, the Western Marine Shipyard witnessed 76 per cent growth in earnings per share (EPS), while Dragon Sweater and Spinning posted 55 per cent growth in EPS for October-December, 2017 against the same period of the previous year.

According to information of Dhaka Stock Exchange (DSE), the EPS of Western Marine Shipyard stood at above Tk 0.74 for October-December 2017 as against Tk 0.42 for October-December 2016. The EPS was Tk 1.32 for July-December, 2017 as against Tk 0.82 for July-December, 2016.

The company reported net operating cash flow per share (NOCFPS) of Tk 2.74 for July-December, 2017 as against Tk 2.95 for July-December, 2016. The NAV per share (With Assets Revaluation) was Tk 31.63 as on December 31, 2017 and Tk 34.24 as on June 30, 2017. NAV per share (without assets revaluation) was Tk 27.52 as on December 31, 2017 and Tk 29.61 as on June 30, 2017.

The EPS of Dragon Sweater and Spinning was Tk 0.65 for October-December 2017 as against Tk 0.42 for October-December 2016. The company's EPS was Tk 1.11 for July-December, 2017 as against Tk 0.89 for July-December, 2016.

The company's NOCFPS was Tk 0.39 for July-December, 2017 as against Tk 0.39 for July-December, 2016, while the NAV per share was Tk 14.97 as on December 31, 2017 and Tk 13.67 as on June 30, 2017.

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