Tallu Spinning Mills’ losses widen

Business Report :
Tallu Spinning Mills Ltd incurred losses in the second quarter of the current financial year.
The textile company reported a loss of Tk 4.29 crore in the October-December quarter of 2022-23. The loss stood at Tk 3.93 crore in the same quarter a year earlier, according to the unaudited financial statements.
Thus, Tallu Spinning reported earnings per share of Tk 0.48 negative for October-December of FY23 against Tk 0.44 negative for October-December of FY22.