Earnings Report /

Olympic Industries: c11% topline but only c5% bottomline growth due to gpm dent and higher opex

  • Olympic has been growing the top line at a double-digit rate for seven consecutive quarters now

  • Though Q3 FY 21 revenue grew by c11% YoY, EPS grew by only c5% YoY due to GPM dent and higher opex amid pandemic

  • Reiterate Buy with TP of BDT261 for June 2022, offering ETR of 59.0%

Auneea Haque
Auneea Haque

Research Associate

S. M. Galibur Rahman
IDLC Securities
2 May 2021
Published byIDLC Securities


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