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Beximco Pharma approves 5pc cash, 10pc stock dividends

Tuesday, 4 September 2007


FE Report
Beximco Pharmaceuticals Ltd (BPL) has approved 5.0 per cent cash dividend and 10.0 per cent stock dividend for its shareholders.
The dividends were approved in the company's 31st annual general meeting (AGM), held in the city Sunday.
BPL Director OK Chowdhury presided over the meeting. Among others, the company's directors Iqbal Ahmed, MA Qasem, Abdul Alim Khan, AB Siddiqur Rahman and Faheemul Huq, Chief Executive Officer Nazmul Hassan, Finance Director Ali Nawaz, Legal Adviser Rafique-ul Huq and Company Secretary Md Asad Ullah attended the meeting.
BPL earned a net profit of Tk 470.66 million in 2006. The company also achieved net sales of Tk 3,702.32 million during the year as against Tk 3,327.02 million of the previous year, thus recording 11.28 per cent growth, the meeting was told.