Aman Cotton sees 15% sales drop in H1
The company’s loss in the second quarter narrowed to Tk22.87 lakh
Aman Cotton Fibrous, a concern of Aman Group, has reported a 15% year-on-year decline in sales to Tk87.05 crore in the first half of the current fiscal year.
According to the company's quarterly financial statements, net profit after tax fell 33% to Tk86 lakh, while earnings per share (EPS) stood at Tk0.09.
The company's loss in the second quarter narrowed to Tk22.87 lakh, with a per-share loss of Tk0.02, compared to a loss of Tk1.16 crore and per-share loss of Tk0.11 in the same quarter of the previous fiscal year.
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Aman Cotton said Q2 sales declined by 12%, mainly due to a 6% drop in unit prices following reduced RMG orders amid increased US tariffs.
The company also reported a 74% quarter-on-quarter decline in finance expenses, citing settlement and rescheduling of liabilities.
Financial statements showed that finance costs stood at Tk1.73 crore in Q2 of FY26, down from Tk6.71 crore in Q2 of FY25.
Meanwhile, net operating cash flow per share (NOCFPS) turned negative at Tk0.10 for the July–December period, compared to positive Tk2.43 in the same period of the previous year.
The company said operating cash flow declined due to a 23% fall in collections from customers and others. Payments to suppliers and others also decreased by 2% compared to the half-year ended 31 December 2024.
As a result, NOCFPS deteriorated over the period, it added.
