Losses of jute spinners have increased

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Losses of jute spinners have increased

Listed company Jute Spinners Limited has released unaudited financial report for the first quarter (July’24-September’24) ended September 30, 2024.

It was released after reviewing and approving the unaudited financial report for the first quarter of the financial year at the meeting of the company’s board of directors held on Wednesday (December 11). This information is known from DSE sources.

According to sources, the company’s loss per share in the first quarter ended was 10 taka 63 paisa. In the same period of the previous financial year, the loss was tk 5.50 paise.

The company’s net operating cash flow was minus 1 taka 52 paisa during the period under discussion. At the same time last year, it was 1 taka 36 paisa.

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