TBS Report
14 November, 2026, 09:45 pm
Last modified: 14 November, 2026, 09:50 pm
Saiham Textile Mills PLC reported a 23% year-on-year increase in net profit to Tk1.92 crore in the first quarter (July–September) of FY26-27, driven mainly by a reduction in the cost of goods sold.
According to the unaudited financial statements approved at a board meeting held today (14 November), the listed textile manufacturer’s net profit after tax rose from Tk1.56 crore in the corresponding quarter of the previous fiscal year. Pre-tax profit also increased by 24% to Tk2.63 crore in Q1 FY27, compared to Tk2.12 crore a year earlier.
Consequently, the company’s earnings per share (EPS) rose to Tk0.21 in the July–September quarter, up from Tk0.17 in the same period of FY26.
In its price-sensitive disclosure, the company noted that the improvement in EPS was mainly attributable to a decrease in the cost of goods sold (COGS).
Meanwhile, Saiham Textile witnessed a strong turnaround in its operating cash flow. Net operating cash flow per share (NOCFPS) swung back into positive territory at Tk1.86 for the July–September period, compared to negative Tk2.54 in the same quarter a year earlier. Management stated that the surge in operating cash flow resulted from higher sales collections alongside lower cost and expense payments.
However, the company’s net asset value (NAV) per share edged down slightly to Tk43.63 as of 30 September 2026, compared to Tk43.96 at the end of the previous comparative period.
According to the Dhaka Stock Exchange (DSE), since September to 11 November, its share price jumped 80% to Tk51.90. On Thursday last, the share price closed 0.77% lower at Tk51.50.
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