Prime Finance Reports Significant Losses in Latest Quarter

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Prime Finance Reports Significant Losses in Latest Quarter

BM Desk :  Prime Finance and Investments Limited, a publicly traded company in the financial sector, has released its unaudited financial statements for the second quarter (April 2023-June 2023) and the third quarter (July 2023-September 2023). The company experienced increased losses in both quarters compared to the same timeframe last year.

This information was disclosed by the Dhaka Stock Exchange (DSE).

As per the source, the loss per share for the second quarter (April 2023-June 2023) was 1 taka 08 paisa, whereas the loss per share during the same period of the previous fiscal year was 77 paisa.

The net asset value (NAV) per share for the period ending June 30, 2023, stood at minus 5 taka 92 paisa.

Furthermore, the loss per share for the third quarter (July 2023-September 2023) was reported at 1 taka 69 paisa, compared to a loss per share of 1 taka 25 paisa in the same period of the previous fiscal year.

The net asset value (NAV) per share for the period ending September 30, 2023, was minus 5 taka 31 paisa.

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