Fareast Finance disclose third Quarter earnings report

The board of directors of Fareast Finance and Investment Limited, a capital market listed financial sector firm, has disclosed its unaudited financial report for the third Quarter (January 23-March 23).

It was released after reviewing and approving the report at the company’s board meeting held on Monday (October 23).

According to company sources, in the third quarter (July 23-September 23) the company has made a loss of Tk 2.07 paisa per share. The loss per share was Tk 5.00 in the same period last fiscal.

On the other hand, in 9 months (Jan,23-Sept,23) the loss per share of the company was 4 taka 20 paisa. Loss per share was Tk 11.83 in the corresponding period last fiscal.

At the end of September 30, 2023, the company had a loss in assets per share (NAV) of Tk 42.70.

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