Linde posts 28% lower profit in 2022
Linde Bangladesh Limited reported a 28 per cent year-on-year decline in profit to Tk 88.33 crore in the financial year that ended on December 31.
The multinational gas manufacturer made a profit of Tk 122.58 crore in 2021.
Thus, the company reported earnings per share of Tk 58.04 for 2022 against Tk 80.55 a year earlier.
The net asset value per share of Linde Bangladesh rose slightly to Tk 397.44 in 2022 from Tk 395.55 in 2021. But the net operating cash flow per share dipped to Tk 37.32 from Tk 80.34 during the period.
The board of directors has recommended a 420 per cent cash dividend for 2022.
Shares of Linde Bangladesh were unchanged at Tk 1,397.70 on the Dhaka Stock Exchange today.
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