Stocks
Lovello announced 12p cash dividends
The Board of Directors of Taufika Foods and Lovello Ice Cream Limited, one of the listed companies reviewed the financial report for the financial year that ended June 30, 2022, and declared its dividends. The company will pay 12pc dividend to shareholders for the year under review.
The decision was taken after reviewing and approving the audited financial report for the last financial year at the company’s board meeting held on Sunday, October 23.
According to the company’s sources said that Lovello’s net profit after tax increased by 28pc in the financial year 2021-22. In the financial year 2021-22, the net profit after tax was Tk 12 crore 15 lakh 95 thousand 10. Last year, the net profit after tax in the financial year 2020-21 was Tk 9 crore 50 lakh 07 thousand 875.
The company’s earnings per share, EPS for the year under review stood at Tk 1.43. Last year’s EPS was Tk 1.41. As on June 30, 2022, the company’s net asset value per share stood at 12 taka 90 paisa.
Hence, it is proposed to amend the proposal mentioned in the prospectus and increase the time limit for spending the money received from the IPO.
The Annual General Meeting, AGM of the firm will be held on December 20, 2022, for approval of the declared dividend and the said amendment proposal by consent of the shareholders. And the company’s record date for the distribution of dividends to shareholders has been fixed as November 14, 2022.
∼NR
One of the Listed companies, United Finance Limited has recommended 6% Cash Dividend for the year ended December 31, 2023.
In terms of financial performance, The Company has also reported EPS of Tk. 0.76 for the year ended June 30, 2023. The Company has also reported NAV per share of Tk 17.32 paisa for the year ended December 31, 2023.
The Annual General Meeting (AGM) of the company will be held on June 13, through the digital platform. The record date for this has been fixed at May 16.
One of the Listed companies, Social Islami Bank Bangladesh Limited has recommended 5% Cash Dividend & 5% stock Dividends for the year ended December 31, 2023.
In terms of financial performance, The Company has also reported Consolidated EPS of Tk. 1.96 for the year ended June 30, 2023. The Company has also reported Consolidated NAV per share of Tk 20.70 paisa for the year ended December 31, 2023.
The Annual General Meeting (AGM) of the company will be held on June 26, through the digital platform. The record date for this has been fixed at May 19.
One of the listed companies, Bangladesh Lamps Limited discloses its financial reports for the third quarter, (January – March 24).
The company’s earnings per share (EPS) was loss Tk 1.43 paisa in Q3 of the current financial year (January – March 24). EPS was loss Tk 2.21 paisa during the same period last year. NAV per share was Tk. 59.79 as of March 31, 2024.
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