Walton EPS second highest in capital market

block
Economic Reporter :
Walton Hi-Tech Industries (WHIL) is going to be listed in capital market with ever highest EPS recorded during the Initial Public Offering or IPO.
Comparing with the listed companies’ EPS disclosed in their previous year’s financial statements, the electronics giant’s EPS Tk 45.87 is in the top eighth position. Even, Walton’s EPS’s was higher than that of some listed multinational companies like Berger Paints and Grameenphone.
On the other hand, Walton EPS is the second highest compared with the listed local companies’ last financial year’s EPS.  
According to the EPS disclosed by the capital market’s listed companies in their last financial year’s statements, Reckitt Benckiser’s EPS Tk 131.06 was the highest highest and the followings were Marico Bangladesh Ltd.’s EPS Tk 84.01, GlaxoSmithKline EPS Tk 81.83, Linde BD’s EPS TK 80.93, Bata Shoe’s EPS 72.79, British American Tobacco’s EPS Tk 51.37, Renata’s EPS 46.63 and then Walton’s EPS Tk 45.87.
Among the listed companies, which were higher EPS than that of Walton, the lowest prices of the shares of Bata Shoe was Tk 693.20. Considering the facts, the general investors of the IPO will get Walton’s each share at only Tk 252.
MA Hafiz, director of AAA Finance and Investment Limited, said that the tech firm Walton’s EPS is the highest he has ever seen during the IPO of a company.
block