Dhaka, Bangladesh (BBN)-The GBB Power has recommended 10 percent cash dividend, said an official disclosure on Thursday.
The board of directors of GBB Power proposed the dividend for the year ended on December 31, 2015.
The final approval will come during the annual general meeting scheduled to be held on June 20 at 10:00am at Hotel Naz Garden in Bogra.
The record date is on May 19.
The Company has also reported net profit after tax of BDT 85.97 million, earning per share (EPS) of BDT 0.89, net asset value (NAV) per share of BDT 20.61 and net operating cash flow per share (NOCFPS) of BDT 1.73 for the year ended on December 31, 2015 as against BDT 127.58 million, BDT 1.32 (restated), BDT 19.72 (restated) and BDT 2.13 (restated) respectively for the year ended on December 31, 2014.
BBN/SK/AD