Trade Corner

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Renata profit touches Tk500cr-mark
Business Desk
In FY21, Renata Limited’s profit touched the Tk500 crore mark for the first time since its inception.
In this fiscal year, its consolidated net profit reached Tk506.2 crore, a 26% increase compared to the previous year, and its earnings per share (EPS) stood at TK51.67.
The company has recommended 145% cash and 10% stock dividend for its shareholders for this fiscal.
In FY20, its profit was Tk401.2 crore and EPS was TK42.38. It paid 130% cash and 10% stock dividend to its shareholders for that fiscal.
In the price-sensitive information section on its website, the company said it will hold its annual general meeting through a digital platform on 18 December this year.
LAFL holds
AML-CFL meet
Business Desk
Lankan Alliance Finance Limited (LAFL) organized a daylong workshop on Anti-Money Laundering and Combating the Financing of Terrorism (AML-CFT) in collaboration with Bangladesh Financial Intelligence Unit (BFIU), Bangladesh Bank recently at its Head Office in Gulshan.
This is an annual AML-CFT Risk awareness building session for enhancement of the employees’ knowledge against the latest AML-CTF risks faced by the business and their role in mitigating the risks, said a press release. ABM Zahurul Huda, general manager of BFIU, Bangladesh Bank was the chief guest while Mohammad Mahbub Alam, DGM of BFIU was the special guest.
Mohammad Mahbub Alam, DGM and Gazi Monir Uddin, joint director of BFIU conducted the sessions.
Kanti Kumar Saha, chief executive officer of LAFL, was also present on the occasion.
Unique Hotel & Resorts declares 10pc dividend
Business Desk
Unique Hotel & Resorts Limited has recommended a 10% cash dividend for the general shareholders, other than sponsors and directors, for the year ended on June 30, 2021.
In a filing with Dhaka Stock Exchange on Tuesday, the company reported consolidated earnings per share (EPS) of Tk0.33 in the negative and net asset value (NAV) per share of Tk88.03 for the year ended on June 30, 2021, as against Tk0.88 and Tk82.07 respectively for the same period of the previous year.
Q3 earnings of AIBL drop
Business Desk
Al-Arafah Islami Bank offered a 15% cash dividend to its shareholders in 2020
The Q3 (July-September) earnings of Al-Arafah Islami Bank has dropped by 24%.
In a filing with Dhaka Stock Exchange on Tuesday, the bank said that its consolidated earnings per share (EPS) was Tk0.38 for the Q3 of 2021 as against Tk0.50 for the Q3 of 2020.
Meanwhile, its consolidated net asset value (NAV) per share stood at Tk22.39 as of September 30, 2021, and Tk21.18 as of September 30, 2020.

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