Dhaka, Bangladesh (BBN)- Kay & Que (Bangladesh) Limited has approved 5.0 percent cash dividend in its 28th Annual General Meeting of the shareholders held at Gulshan in the capital Dhaka on Sunday.
Abdul Awal Mintoo was elected in the AGM as director and chairman of the company. Other three directors were also elected from the shareholders.
The company earned BDT 36 million as gross profit and BDT 2.453 million as net profit for the year 2011, despite the increased price of imported raw materials in the international market.
The members endorsed the financial statements of the company and 5% cash dividend as recommended by the board.
The meeting was well attended by the shareholders.
BBN/SSR/AD-07May12-8:01 am (BST)