Sonali Aansh to pay 10pc cash dividend

The board of directors of Sonali Aansh Industries has recommended 10 per cent cash dividend for the year ended on June 30, 2018.

The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 31 in Dhaka, said an official disclosure on Tuesday.

The record date for entitlement of dividend is on December 26.

The company has also reported earnings per share (EPS) of Tk 1.71, net asset value (NAV) per share of Tk 225.90 and net operating cash flow per share (NOCFPS) of Tk 51.64 in the negative for the year ended on June 30, 2018 as against Tk. 1.65, Tk. 225.19 and Tk 31.06 respectively for the same period of the previous year.

Each share of the company, which was listed on the Dhaka Stock Exchange in 1985, closed at Tk 639.70 on Tuesday, gaining 11.64 per cent over the previous day.

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