MATINSPINN Earnings Update

(Continuation of repeat news of MATINSPINN -H/Y): Whereas for the period of 6 (Six) months (July 2013 to Dec 2013) ended on 31 December 2013 profit after tax was Tk. 128.60 million and basic EPS was Tk. 2.03 as against profit after tax of Tk. 127.12 million and basic EPS of Tk. 2.01 for the same period of the previous year. It is to be noted that the said EPS has been calculated based on weighted average Pre-IPO paid-up number of shares i.e. 63,390,000 shares for 2013 and 2012. However, considering Post-IPO 97,490,000 number of shares, Company's basic EPS would be Tk. 1.32 for 6 (Six) months ended on 31 Dec 2013 (July 2013 to Dec 2013) and NAV would be Tk. 37.50 as on 31 December 2013. (end)