One of the listed companies, Unique Hotel & Resorts has proposed a 20% Cash Dividend for the fiscal year ending on June 30, 2023. The Annual General Meeting (AGM) is scheduled for December 12, 2023, at 10:30 AM, and it will be conducted through a digital platform. The Record Date for dividend entitlement is set for October 23, 2023.
In terms of financial performance, the company has reported notable figures for the year ending June 30, 2023. The Earnings Per Share (EPS) stands at Tk. 6.42, reflecting substantial growth compared to the restated figure of Tk. 3.34 for the previous fiscal year. Additionally, the Net Asset Value (NAV) per share has reached Tk. 88.51, a significant increase from the restated figure of Tk. 84.91 for the year ended June 30, 2022. Furthermore, the Net Operating Cash Flow Per Share (NOCFPS) has risen to Tk. 5.13, compared to the restated figure of Tk. 0.60 for the prior year.
The company attributes this positive financial performance to various factors, including an EPS from business operations of Tk. 2.06. Moreover, the company’s revenue has experienced substantial growth, increasing by 55% during the reporting period compared to the previous year.
Additionally, there has been an unrealized gain on the investment in quoted shares at Chartered Life Insurance Co. Ltd., amounting to Tk. 154,577,130, with a consequential impact of Tk. 0.53 on the company’s financials.
The Company’s latest financial report indicates a positive development in its earnings per share (EPS) for the year ending June 30, 2023. Notably, there has been a significant increase of 2.45% in the EPS, marking a favorable performance and financial growth.
Furthermore, during the same fiscal year, the company achieved a capital gain from the sale of 2.45% ordinary shares of Unique Meghnaghat Power Limited. This capital gain amounted to Tk. 1,128,754,465, and it was realized upon the satisfaction of the condition precedents (CPs) outlined in the Share Purchase Agreement for the Second and Third Closings. This noteworthy capital gain has had a notable impact on the company’s EPS, contributing positively with a value of Tk. 3.83.
