Dhaka, Oct. 30 -- British American Tobacco (BAT) Bangladesh's profit dropped nearly 46 per cent year-on-year to Tk 7.20 billion in nine months through September this year, owing to lower sales and higher costs.
The multinational tobacco manufacturer said sales volume declined, while higher excise duty and additional costs due to closure of its Dhaka factory, hitting bottom-line growth.
Accordingly, tobacco leader's earnings per share (EPS) dropped to Tk 13.34 in the January-September this year, compared to Tk 24.49 in the same period last year, according to price sensitive information published on Thursday.
The net operating cash flow per share, a measure of a company's ability to generate cash from its operations, turned negative Tk 2...
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