Samorita Hospital’s profit plunges over 61%

Samorita Hospital Limited's profit plummeted more than 61 per cent in the last financial year that ended on June 30.

It made a profit of Tk 1.62 crore in 2021-22, which was Tk 4.21 crore a year earlier.

The company reported earnings per share of Tk 0.86 for 2021-22, way down from Tk 2.23 a year ago.

The net asset value per share fell to 51.32 from Tk 51.46 in 2020-21, while the net operating cash flow per share slipped to Tk 1.85 from Tk 3.18 during the period. 

The board of directors has recommended a 5 per cent cash and a 5 per cent stock dividend for 2021-22.

The hospital company also published its unaudited financial statements for July-September.

Its EPS stood at Tk 0.15 in the quarter against Tk 1.08 during the same quarter of 2021. This gave the company a profit of Tk 28.31 lakh in July-September, down 86 per cent from Tk 2.04 crore in the identical quarter of 2021.