Fareast Finance experiences a rise in losses

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Fareast Finance experiences a rise in losses

The board of directors of Fareast Finance and Investment Limited, a listed company on the capital market, has released its unaudited financial report for the first quarter (January 25-March 25). The company’s loss per share increased by 2.67 percent in the quarter under review.

The company’s board of directors reviewed and approved the financial report for the first quarter of the current fiscal year at a meeting held on Saturday (May 10). This information was revealed by DSE sources.

According to the source, the company’s loss per share (EPS) in the first quarter (January 25-March 25) was 1 taka 15 paisa. The loss per share (EPS) in the same period of the last fiscal year was 1 taka 12 paisa.

As of March 31, 2025, the company’s net asset value per share (NAV) increased from negative 51 taka to 63 paisa.

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