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Listed real estate company Eastern Housing Limited (EHL) reported a moderate growth of 6.36 per cent in profit for the third quarter of FY26 to Tk 181.25 million.
However, its operating cash flow turned sharply negative due to higher investment in land inventory.
The company’s earnings per share (EPS) rose to Tk 1.94 for the January–March quarter of 2026 from Tk 1.83 in the same period a year earlier.
In the nine months to March, profit increased by 11.04 per cent to Tk 621.19 million.
The net operating cash flow per share (NOCFPS) dropped significantly to Tk 9.38 in the negative in the nine months, as opposed to a positive Tk 1.53 in the same period last year.
According to the company, the decline in cash flow was mainly due to a substantial increase in payments for land acquisition and inventory development, which led to higher cash outflows during the period.
Meanwhile, the net asset value (NAV) per share improved to Tk 94.15 as of March this year from Tk 89.99 as of June last year.
Despite improved profitability and asset base, the negative operating cash flow indicates pressure on liquidity in the short term, driven by expansion activities in land inventory, which analysts say could support future revenue growth if managed efficiently.
Meanwhile, EHL’s share price fell 3.09 per cent to Tk 81.50 on Thursday on the Dhaka Stock Exchange (DSE).
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