Renata profit jumps 26 per cent in Jan-Mar
Dhaka, April 29 -- Renata Ltd posted a 26 per cent year-on-year growth in net profit to Tk 733 million in January-March this year, supported by higher sales growth.
The drug maker made Tk 581 million profit in the same quarter of the year before, according to its unaudited financial statements published on Monday.
Thus, consolidated earnings per share stood at Tk 6.38 in January-March this year, up from Tk 5.06 per share in the same quarter a year before.
The drug maker's sales grew more than 9 per cent year-on-year to Tk 9.23 billion in the three months through March 2023.
Its nine months profit, however, dropped slightly by 2 per cent to Tk 2.63 billion in July-March of FY24, although sales rose 14 per cent to Tk 27.89 billion durin...
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