One of the Listed companies, National Tea Company Limited has recommended 5% cash Dividend for the year ended June 30, 2023.
In terms of financial performance, the company has reported Earnings Per Share (EPS) loss of Tk. 96.24. for the year ending June 30, 2021. Net Asset Value (NAV) per share stands at loss of Tk. 48.19.
Reasons for deviation in EPS: EPS has been decreased due to the increased cost of other materials including massive increase in wages and a decrease in sales.
The Annual General Meeting (AGM) of the company will be held on December 18, through the digital platform. The record date for this has been fixed at November 15.
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