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Dhaka Tribune

Far East Knitting & Dyeing declares 10% dividend

Update : 03 Oct 2022, 02:10 PM

Far East Knitting & Dyeing Industries Limited has recommended 10% cash dividend for the year ended on June 30, 2021. 

In a filing with Dhaka Stock Exchange on Sunday, the company also reported earnings per share (EPS) of Tk0.79 and net asset value (NAV) per share of Tk19.48 for the year ended on June 30, 2021, as against Tk0.32 and Tk19.36 respectively for the same period of the previous year. 

The company also said that its EPS has increased due to an increase in other income and profit from the associated company during the year. 

The annual general meeting (AGM) of the company is scheduled to take place on December 23, 2021, via a digital platform. 

Far East Knitting & Dyeing Industries made its debut on Dhaka Stock Exchange back on August 28, 2014.

Its closing price was Tk24.10 during Sunday’s trade.

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