Beximco Group

Beximco Group Industrial Park

Dhaka, Bangladesh (BBN)– Bangladesh Export Import Company (Beximco) dominated the week’s turnover chart for the six week in a row on the Dhaka Stock Exchange (DSE) that ended on Thursday.

Market operators said most of the investors remained active on Beximco shares while some booked profit, taking the company to the week’s top turnover list.

According to statistics available with the DSE, about 44.69 million shares of Beximco were traded, generating a turnover of BDT 1.37 million. It was 5.24 percent of the premier bourse’s total transaction.

The total turnover for week stood at BDT 26 billion last week on the DSE against BDT 10.66 billion in the week before as last week saw five trading sessions instead of previous week’s two.

The Beximco’s share closed at BDT 29.20 each, registering a decline of 5.50 percent over the week before.
The company’s earnings per share (EPS) stood at BDT 0.41 for January-March 2018 as against BDT 0.33 for the same period a year ago.

In nine months, EPS was BDT 1.09 for July 2017-March 2018 as against BDT 0.87 for July 2016-March 2017.

The net operating cash flow per share (NOCFPS) was minus of BDT 0.08 for July 2017-March 2018 as against minus BDT 2.59 for July 2016-March 2017.

The net asset value (NAV) per share was BDT 72.08 as on March 31, 2018 and BDT 75.04 as on June 30, 2017.

Beximco, which was listed on the Dhaka bourse in 1989, disbursed 5.0 percent cash and 5.0 percent stock dividend for the year ended on June 30, 2017.

The company’s paid-up capital is BDT 8.34 billion and authorised capital is BDT 10 billion, while the total number of securities is 834.58 million.

The sponsor-directors own 20.15 percent stake in the company while the institutional investors own 17.51 percent, foreign investors 8.96 percent and the general public 53.38 percent as on March 31, 2018, the DSE data shows.

Apart from Beximco, the most other active shares in terms of value included Western Marine Shipyard with shares of BDT 1.04 billion changing hands, closely followed by United Power BDT 836 million, BBS Cables BDT 668 million, Square Pharmaceuticals BDT 620 million, BRAC Bank BDT 552 million, Dragon Sweater BDT 508 million, Bangladesh Steel Re-rolling Mills BDT 501 million and Doreen Power BDT 484 million.

BBN/SSR/SR