Premier Cement Mills Ltd’s consolidated earnings per share (EPS) as well as net profit growth surged in third quarter (Q3) for January-March, 2021.

The board of directors of the company in a virtual meeting on Saturday (May 8) approved the third quarter (Q3) un-audited financial statements of the company for the period that ended on March 31 this year.

The company posted eight times net profit growth to Tk16.6 crore in the third (January to March) quarter of the current fiscal year, compared to the same quarter of the previous fiscal.

The company's earnings per share (EPS) was Tk1.56 in the quarter, which was Tk0.18 in the same period previous year.

Premier Cement posted a 14% growth in revenue to Tk363.38 crore in the January to March quarter.

At the end of the first three quarters of this fiscal, the company's revenue stood at Tk958.15 crore and net profit was Tk43.14 crore. During this period, its EPS was Tk4.07.

Meanwhile, Premier Cement's share price rose by 4.25% to Tk63.80 a share at the Dhaka Stock Exchange on Sunday. In the last fiscal, it paid a 10% cash dividend to shareholders.

BDST: 1147 HRS, May 10, 2021
SMS