Square Pharmaceuticals, Textiles post higher profits

Résumé détaillé

Square Pharmaceuticals and Square Textiles, both Square Group entities, reported higher profits on revenue growth ...

Square Pharmaceuticals and Square Textiles, both Square Group entities, reported higher profits on revenue growth in the July-September quarter.

Square Pharmaceuticals’ profit for the July-September quarter of 2026 rose 5 percent year on year to Tk 778 crore, according to its financial statements.

It posted a net revenue of Tk 2,244 crore for the quarter, a 4 percent year-on-year rise.

Its earnings per share (EPS), which shows the profit attributable to each share, was Tk 8.77 for July-September, against Tk 8.35 for the same period the previous year.

Square Pharmaceuticals’ net operating cash flow per share (NOCFPS), which shows the cash generated from day-to-day operations for each share, declined to Tk 5.49 for July-September compared to Tk 7.55 for the same quarter of last year.

In a disclosure on the Dhaka Stock Exchange (DSE) website today, Square Pharmaceuticals said the decline in NOCFPS was mainly because cash costs grew much faster than collections from customers.

Specifically, payments to suppliers and for manufacturing and operating expenses grew at a much faster pace than receipts from customers. Higher income tax payments further reduced net operating cash flow, the company said.

Square Textiles’ profit for the July-September quarter rose 28 percent to Tk 42.83 crore, according to its financial statement.

It had posted a sales revenue of Tk 669 crore for the period, a 10 percent year-on-year rise.

Début de l'article, extrait de The Daily Star. Pour lire la suite, ouvrez l'article chez le média.