Eastern Housing Ltd’s (EHL) earnings per share fell 18.5 per cent year-on-year in the July-September quarter of 2026, while its cash outflow from operations widened, according to the company’s latest unaudited financial disclosure to the Dhaka Stock Exchange (DSE).
The real estate company reported earnings per share (EPS) of Tk1.76 for the first quarter, down from Tk2.16 in the same period a year earlier. The results for the three months ended 30 September were disclosed on Wednesday.
Net operating cash flow per share stood at negative Tk2.09, compared with negative Tk0.59 a year earlier. Net asset value per share, however, rose to Tk95.91 as of 30 September from Tk94.15 on 30 June.
The quarterly results follow the board’s recommendation of a 20 per cent cash dividend for the financial year ended 30 June 2026. EHL reported full-year EPS of Tk6.66, down from Tk8.27 in the previous financial year.
The company attributed the deterioration in cash flow mainly to increased investment in land inventory and higher working capital requirements, which resulted in substantially higher cash outflows.
The company’s annual general meeting is scheduled for 22 December at 10:30am through a digital platform.
