Runner Automobiles Ltd

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Consolidated 3Q FY 21 revenue stood at BDT2,771mn, up by c13% yoy. People opted for cheaper options like light and medium-duty vehicles. RUNNERAU cashed on consumers’ limited spending spree. OPEX/sales improved by 200bps on the back of similar level ...

Consolidated 2Q FY21 revenue stood at BDT3,029mn, up by c8% yoy, and 36% qoq. Q2 21 Truck sales stood at BDT 1,974mn, up by 6% yoy, after around 60% recovery in Q1. However the company reported 2Q 21 NPAT of BDT100mn (EPS: BDT0.88), implying only c2%...

RUNNERAU BD reported 1Q FY 21 NPAT of BDT87mn (EPS: BDT0.77), implying c42% YoY de-growth against 1Q FY 20 NPAT of BDT151mn (EPS: BDT1.33). Consolidated 1Q FY 21 revenue stood at BDT2,223mn, down by c34% YoY, up by 161% QoQ. RUNNERAU (Standalone) 1Q ...

Annual EPS (consolidated) stood at BDT1.97 (-55% YoY), meets our expectation. RUNNERAU declared BDT1.0 cash dividend in its FY 20 annual declaration, same as FY 19. ( However, in 2020, they didn’t opt for declaring any stock dividend. RUNNERAU signed...

Bangladesh Automobiles sales recovered in Jun-July after Covid-19 brunt in March-May. contributed to the rest 9%. Number of registered 3W, truck & bike stood at 2195 (+6% YoY), 673 (+45%), 27,623 (-15%) respectively in June. More than 85% of unit sal...

Manufacturing and industrial companies to enjoy the interest rate cap. We expect this interest rate cap to affect the profitability of several listed companies. Please note that the regulator intended to formulate the policy before the pandemic to re...