Aamra Technologies' loss widens as sales slump, finance costs rise
The company reported a loss per share (EPS) of Tk0.65 for January-March 2026, compared with Tk0.33 in the same quarter a year earlier, according to its unaudited financial statements disclosed today (15 September).
Aamra Technologies Ltd's loss nearly doubled in the third quarter of fiscal 2025-26 as a sharp decline in sales and higher finance costs weighed on profitability.
The company reported a loss per share (EPS) of Tk0.65 for January-March 2026, compared with Tk0.33 in the same quarter a year earlier, according to its unaudited financial statements disclosed today (15 September).
For the nine months through March, its loss per share rose to Tk1.84 from Tk0.97 a year earlier.
The company said declining sales adversely affected all major financial indicators, while higher finance expenses further weakened its performance.
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Its operating cash flow also deteriorated sharply. Net operating cash flow per share (NOCFPS) turned negative at Tk0.18 during July 2025-March 2026, compared with positive Tk1.33 in the same period a year earlier.
Aamra Technologies attributed the decline mainly to lower cash collection, while higher finance expenses also contributed. It said operating expenditure and supplier payments had improved compared with the previous year.
The weaker earnings and cash generation were reflected in its net asset value (NAV), which fell to Tk16.62 per share as of 31 March 2026 from Tk18.46 as of 30 June 2025.
The company's financial performance had been deteriorating since the beginning of the fiscal year. It reported losses per share of Tk0.52 in the first quarter and Tk0.67 in the second quarter, compared with Tk0.25 and Tk0.39, respectively, a year earlier. Its six-month loss per share stood at Tk1.19, up from Tk0.64.
Meanwhile, the company's share price has shown unusual volatility in recent months.
The stock rose nearly 59% from Tk14.50 on 23 June to Tk23.10 on 9 August on the Dhaka Stock Exchange (DSE), before falling 33% in 24 days to Tk16.30 yesterday.
The unusual trading activity has drawn regulatory attention. The Bangladesh Securities and Exchange Commission (BSEC) has instructed the DSE to investigate the abnormal price movement and trading in the shares.
The probe will examine possible market manipulation, insider trading and the role of brokers in suspicious transactions.
