Economic Reporter :
Meghna Cement Mills Limited (MCML), a concern of Bashundhara Group, has declared a 15 percent cash dividend for its shareholders for 18-month period ending on June 30 this year, said a press release.
The dividend was approved at the 24th annual general meeting (AGM) of the company held at International Convention City Bashundhara (ICCB) in the capital on Tuesday.
The shareholders also approved the audited accounts, auditor’s report and annual report of the 18 months.
According to the annual report, the company’s net profit stood at Tk 10.24 crore during the period against Tk 10.08 crore in the previous year.
The earning per share (EPS) was Tk 4.55 in the 18-month period against Tk 4.48 in the previous year.
The report shows that the total net sales revenue during the 18 months amounted to Tk 748.80 crore. Of the figure, Tk 451.70-crore revenue was earned in 2015 fiscal year (January-December) against Tk 373.88 crore in 2014.
The company contributed Tk 161.95 crore, 21.63 percent of its total sales revenue, to the national exchequer in the form of tax, customs duties, VAT etc during the 18-month period.
Meghna Cement Mills Limited (MCML), a concern of Bashundhara Group, has declared a 15 percent cash dividend for its shareholders for 18-month period ending on June 30 this year, said a press release.
The dividend was approved at the 24th annual general meeting (AGM) of the company held at International Convention City Bashundhara (ICCB) in the capital on Tuesday.
The shareholders also approved the audited accounts, auditor’s report and annual report of the 18 months.
According to the annual report, the company’s net profit stood at Tk 10.24 crore during the period against Tk 10.08 crore in the previous year.
The earning per share (EPS) was Tk 4.55 in the 18-month period against Tk 4.48 in the previous year.
The report shows that the total net sales revenue during the 18 months amounted to Tk 748.80 crore. Of the figure, Tk 451.70-crore revenue was earned in 2015 fiscal year (January-December) against Tk 373.88 crore in 2014.
The company contributed Tk 161.95 crore, 21.63 percent of its total sales revenue, to the national exchequer in the form of tax, customs duties, VAT etc during the 18-month period.
