Stock

Monospool Paper’s profit soars over 343pc

Bangladesh Monospool Paper Manufacturing Company Limited's profit jumped more than 343 per cent year-on-year in the financial year that ended on June 30, 2022. 

The company reported earnings per share of Tk 5.45 for the year, which was Tk 1.23 a year earlier, driven by higher revenue and profit.

Net asset value per share rose to Tk 44.88 from Tk 40.43 in 2020-21, while net operating cash flow per share improved to Tk 719 from Tk 4.30.

The board recommended a 10 per cent cash and a 10 per cent stock dividend for 2021-22, according to a post on the Dhaka Stock Exchange yesterday.

The stock dividend was declared in order to use the fund as working capital. The bonus shares were announced out of accumulated profit, it said.

Shares of Bangladesh Monospool Paper Manufacturing climbed 19.23 per cent on the DSE yesterday.

Comments

Monospool Paper’s profit soars over 343pc

Bangladesh Monospool Paper Manufacturing Company Limited's profit jumped more than 343 per cent year-on-year in the financial year that ended on June 30, 2022. 

The company reported earnings per share of Tk 5.45 for the year, which was Tk 1.23 a year earlier, driven by higher revenue and profit.

Net asset value per share rose to Tk 44.88 from Tk 40.43 in 2020-21, while net operating cash flow per share improved to Tk 719 from Tk 4.30.

The board recommended a 10 per cent cash and a 10 per cent stock dividend for 2021-22, according to a post on the Dhaka Stock Exchange yesterday.

The stock dividend was declared in order to use the fund as working capital. The bonus shares were announced out of accumulated profit, it said.

Shares of Bangladesh Monospool Paper Manufacturing climbed 19.23 per cent on the DSE yesterday.

Comments

শিক্ষার্থীরা রাজনৈতিক দল গঠনে প্রস্তুত: ফিন্যান্সিয়াল টাইমসের পডকাস্টে ড. ইউনূস

সুইজারল্যান্ডের দাভোসে বিশ্ব অর্থনৈতিক ফোরামের বার্ষিক সম্মেলনে গিয়ে ফিন্যান্সিয়াল টাইমসের পডকাস্টে যোগ দেন ড. মুহাম্মদ ইউনূস।

২ ঘণ্টা আগে