Dhaka, Bangladesh (BBN) - The board of directors of Envoy Textile recommended 17 percent cash dividend and 5 percent stock dividend for the year ended on September 30, 2015, said an office disclosure Thursday.
The final approval will come during the annual general meeting scheduled to be held on December 26 at 10:00am at Samarai Convention Centre in Panthapath of Dhaka.
The record date of the company is December 9.
The company has also reported net profit after tax of BDT 571.24 million, earnings per share (EPS) of BDT 3.94, net asset value (NAV) per share of BDT 40.09 and net operating cash flow per share (NOCFPS) of BDT 2.08 for the year ended on September 30, 2015 as against BDT 310.92 million, BDT 2.15, BDT 37.31and BDT 1.48 respectively for the year ended on September 30, 2014.
The company has further informed that it has decided to re-fix its Accounting Year to “01 July to 30 June” instead of “01 October to 30 September”.
There will be no price limit on the trading of the shares of the company today following its corporate declaration.
BBN/SS/ANS