Maksons spinning losses have increased

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Maksons spinning losses have increased

The company, Maksons Spinning Mills Limited, listed on the capital market, has released its financial report for the first quarter of the current fiscal year (July 24-September 24).

The report was released after the company’s board of directors reviewed and approved it on Thursday (December 12). This information was revealed by company sources.

The company reported a loss of 1 taka 71 paisa per share in the first quarter. In the first quarter of last year, there was a loss of 1 taka 06 paisa per share.

As of September 30, 2024, the net asset value per share was 1 taka 62 paisa.

The company’s cash flow per share in the first quarter of the current fiscal year was minus 3 taka 51 paisa, which was minus 74 paisa in the same period last year.

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