Garment manufacturer HR Textile Mills incurred a loss of Tk 8.24 crore in the first quarter (July-September) of current financial year 2024-25.
Due to the profit plunge, the loss per share was Tk 2.82 for the quarter, as compared to earnings per share of Tk 0.94 in the same period previous year, according to a company's disclosure on the Dhaka Stock Exchange (DSE) website.
Shares of HR Textiles declined 2.21 percent to Tk 27.8 as of 2:02 pm today at the DSE.
The company's net operating cash flow per share deteriorated, recording Tk 2.72 in the negative compared to Tk 2.83 a year earlier.
HR Textile, a subsidiary of Pride Group, specialises in export-oriented knitwear manufacturing, catering to markets in Europe, Canada, and Asia.
