Ambee Pharma’s profit surges 75pc in January-March quarter

Business Report :
Ambee Pharmaceuticals Ltd’s profit jumped 75 per cent year-on-year to Tk 16.80 lakh in the January-March quarter of the ongoing financial year.
The profit stood at Tk 9.60 lakh in the identical three-month period of 2021-22.
Thus, the earnings per share were Tk 0.70 in January-March of 2022-23 against Tk 0.40 in the same quarter a year earlier, according to the unaudited financial statements.
The third quarter’s stellar performance raised the pharmaceuticals manufacturer’s profit to Tk 32.16 lakh in July-March, up 81 per cent from Tk 17.76 lakh seen in the same period a year earlier. Thus, the EPS was Tk 1.34 in the first nine months of the financial year compared to Tk 0.74 in the same period in FY22.