Metro Spinning approves 5pc stock div

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Business Desk :
The 79th meeting of the Board of Directors of Metro Spinning Limited was held at its corporate office at Uttara in the city recently. The meeting approves five percent stock dividends for its shareholders for the year 2013-2014.
Abdul Ali, chairman of the company chaired the meeting while Managing Director Mohammad Ali Khokon and other directors of the company were present at the meeting, says a press release.
The meeting also decided to hold the 19th Annual General Meeting of the company on 30th December, 2014 at10.00am at Makshon Group conference hall, at Ashulia of Savar in Dhaka.
 The Audited Accounts for the Financial Year 2013-14 was also approved in the meeting. The company achieved a turnover of Tk 92.34 crore profit before tax of Tk5.87 crore and net profit after tax of Tk 4.85 crore. Company’s EPS has stood at Tk 0.84. The total fixed asset at the end of the year, is Tk82.92coroe Net Asset Value (NAV) per share is Tk18.29 for the year 2013-14.

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