Business Desk :
Marico Bangladesh at its 117th board meeting on Tuesday declared a third interim dividend of 200% for the financial year 2021-22 for the third quarter and a three-month period ended December 31.
The company declared revenue of Tk334.2 crore and profit after tax of Tk86.2 crore, according to a press release.
During the quarter the revenue of the company grew by 17.3% while profitability (PAT) grew by 20.6% compared to SPLY and the earnings per share (EPS) of the company stands at Tk27.3 for the quarter which is 20.6% higher than SPLY.
The growth in revenue was driven by overall volume growth through a healthy mix in the portfolio.
The performance is led by the growth in the coconut oil, hair oils, shampoo and baby care portfolios.
The company also launched its Parachute Just For Baby Shampoo during the last quarter extending its comprehensive range of baby care products.
Marico also carried out product CSR of soaps, hand-sanitisers and petroleum jelly to ultra-poor districts of Bangladesh considering the spike in covid infections and winter season skincare.
With Bangladesh bracing for the omicron wave of covid pandemic Marico is prioritizing health, safety and security of its members and returned to work from home modality and roster basis attendance.
