Fu Wang Food declares 20 percent stock dividend

Dhaka, Bangladesh (BBN) – The board of directors of Fu Wang Food has recommended stock dividend at 20 percent for the year ended on June 30, 2010.

The annual general meeting (AGM) of the company will be held on December 4 this year, an announcement said on Thursday.

The company has also reported net profit after tax of BDT 26.83 million, EPS of BDT 1.33, NAV per share of BDT 13.96 and net operating cash flow per share of BDT 4.21 for the year ended on June 30, 2010 as against BDT 21.58 million, BDT 1.17, BDT 13.90 and BDT 2.40 respectively for the year ended on June 30, 2009.

BBN/SSR/AD-28Oct10-1:35 pm (BST) 

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