Flash Report /

Q2 22: Declining sales and rising raw material cost trigger loss for HEID BD

  • HEID BD reported a net loss of BDT 38mn (EPS: BDT -0.66), against net profit of BDT 201mn (EPS: BDT 3.56) in 2Q CY21

  • Slow construction activities amid high inflationary scenario dented the quarterly revenue by 5% YoY.

  • 2Q CY22 GPM was down by 443bps YoY as it couldn't completely pass on the increased cost at the consumer level

Shopnil Paul
Shopnil Paul

Research Associate

Tanay Kumar Roy
Tanay Kumar Roy

Research Analyst

IDLC Securities
31 July 2022
Published byIDLC Securities


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