Bengal Biscuits declares 10% cash dividend for FY25
Its shares closed at Tk82 on Thursday.
Bengal Biscuits Limited, listed on the SME board of the Dhaka Stock Exchange, has recommended a 10% cash dividend for all shareholders for the financial year ended 30 June 2025.
The decision was approved during a board meeting held on 15 July, where the company finalised its audited financial statements for the fiscal year 2024-2025.
According to the disclosed financial statements on the Dhaka bourse, the company's net profit after tax rose to Tk2.24 crore, up from Tk2.07 crore recorded in FY24. Concurrently, its earnings per share (EPS) increased to Tk2.83, compared to Tk2.61 in FY24.
Keep updated, follow The Business Standard's Google news channel
The company's net asset value (NAV) per share also improved significantly, reaching Tk15.90 by the end of June 2025, up from Tk 4.07 in the prior year. However, its net operating cash flow per share (NOCFPS) witnessed a decline, dropping to Tk4.48 in FY25 from Tk5.94 in FY24.
Bengal Biscuits has set 6 August, as the record date for the entitlement of the recommended dividend. The company's annual general meeting (AGM) is scheduled to take place on 3 September.
The company got listed on the SME platform in 2021 from the over the counter (OTC). Its shares closed 4.63% lower at Tk82 on Thursday.
According to the shareholding report as of June, sponsors and directors hold 29.64% shares in the company, while 9.36% by the institutional investors and the remaining 61% held by public shareholders.
