Kay & Que’s profit unchanged in Q2

Kay & Que (Bangladesh) Ltd made a Tk 5.66 lakh profit in the October-December quarter of the current financial year, unchanged from a year earlier.

The manufacturer reported earnings per share of Tk 0.11 for October-December against Tk 0.11 in the same quarter of 2021-22, according to the unaudited financial statements.

Tap here to add The Daily Star as a trusted source

The profit, however, rose in the July-December half of the current financial year.

Kay & Que clocked a profit of Tk 13.38 lakh in July-December, up more than 62 per cent from Tk 8.24 lakh in the same period a year earlier. Thus, the EPS rose to Tk 0.26 from Tk 0.16 during the period.

The net operating cash flow per share was a negative Tk 1.21 in July-December against Tk 0.16 in the first half of FY22.

Due to the insufficient collection against sales, the NOCFPS significantly decreased, said Kay & Que in a filing on the Dhaka Stock Exchange (DSE).

The net asset value per share fell slightly to Tk 74.17 on December 31 from Tk 75.64 on June 30.

Shares of Kay & Que were down 1 per cent to Tk 247.80 on the DSE yesterday.