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Delta Spinners (DHA:DELTASPINN) Net Income : BDT-40.8 Mil (TTM As of Dec. 2023)


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What is Delta Spinners Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Delta Spinners's Net Income for the three months ended in Dec. 2023 was BDT-18.4 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was BDT-40.8 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Delta Spinners's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was BDT-0.11.


Delta Spinners Net Income Historical Data

The historical data trend for Delta Spinners's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Delta Spinners Net Income Chart

Delta Spinners Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Net Income
Get a 7-Day Free Trial 47.78 64.89 72.06 46.73 43.71

Delta Spinners Quarterly Data
Sep17 Dec17 Mar18 Sep18 Dec18 Mar19 Sep19 Dec19 Mar20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.00 -2.09 -7.82 -14.61 -18.42

Delta Spinners Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Delta Spinners's Net Income for the fiscal year that ended in Jun. 2017 is calculated as

Net Income(A: Jun. 2017 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=57.976+-14.26+0+-0.0030000000000001
=43.7

Delta Spinners's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-15.453+-2.963+0+0
=-18.4

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT-40.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Delta Spinners  (DHA:DELTASPINN) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Delta Spinners's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Delta Spinners Net Income Related Terms

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Delta Spinners (DHA:DELTASPINN) Business Description

Traded in Other Exchanges
N/A
Address
254-B Khilgaon Chowdhury Para, Dhaka, BGD, 1219
Delta Spinners Ltd is Bangladesh based company and primarily engages in manufactures cotton yarn. The firm has a composite unit, having knitting, dyeing, finishing and sewing units under a single roof. The company is also involved in the making of jersey, sportswear, suits and other luxury clothing is on the rise in recent years and for this reason, demand for high-end yarns is also growing.

Delta Spinners (DHA:DELTASPINN) Headlines

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