SK Trims & Industries, an accessories manufacturer, has reported a narrower net loss for the first quarter of fiscal 2025-26, driven by lower manufacturing and operating expenses compared with the same period a year earlier.
According to a disclosure published today (14 July), the company's loss per share fell to Tk0.33 in the July-September quarter from Tk0.53 in the corresponding period of the previous fiscal year.
The company published its quarterly financials today, around six months after the quarter ended.
Explaining the improved performance, SK Trims said its negative earnings per share (EPS) improved due to lower manufacturing and operating expenses, which reduced its net loss after tax compared with the same period a year earlier.
Net operating cash flow per share improved to Tk0.28 from negative Tk0.02 in the July-September quarter of the previous fiscal year, mainly due to higher cash collections from turnover during the period, the company said.
However, its net asset value per share stood at Tk11.93 as of 30 September 2025, which was Tk14.96 as of 30 September 2024.
Following the disclosure, SK Trims shares surged by 5.97% today to Tk14.20 each at the Dhaka Stock Exchange.
According to its auditor, SK Trims incurred a loss of Tk28.17 crore and its revenue declined to Tk26.43 crore.
The auditor said a primary driver of the operational disruption was a significant delay in the renewal of the company's bond license, which stemmed from the internal administrative misstatement and procedural oversights.
SK Trims
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