The Financial Express

Eastern Housing approves 22pc cash div

FE Online Desk | Published: November 12, 2017 11:55:18 | Updated: November 13, 2017 11:23:12

Eastern Housing  approves 22pc cash div

The 53rd Annual General Meeting of Eastern Housing Limited was held recently in Dhaka.

Manzurul Islam, Chairman of Eastern Housing Limited presided over the meeting.

The shareholders approved 22 per cent cash dividend for the year ended June 30, 2017.

A large number of shareholders, members of the Board of Directors & other high officials including Mr. Dhiraj Malakar, Managing Director were also present in the meeting.

Eastern Housing Limited achieved net sales of Tk. 3,170 million as against Tk. 2,679 million in the previous year registering a sales growth of 18.35 per cent.

Net profit after tax stood at Tk. 217 million for the financial year 2016-2017. The listed company paid Tk 140.63 million for the year 2016-17 as tax, said a statement.



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