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Samorita’s earning declines, declares no dividend

Dhaka, Sunday


24 November 2024


Business Insider Bangladesh

Samorita’s earning declines, declares no dividend

BI Report || BusinessInsider

Published: 20:30, 10 November 2020   Update: 18:59, 11 November 2020
Samorita’s earning declines, declares no dividend

The earnings of Samorita Hospital Limited have declined amid the coronavirus pandemic. 

The Board of Directors of the company has recommended no dividend for the 2019-20 fiscal year. 

An annual general meeting of the company is scheduled to take place on December 24. 

The company reported earnings per sharing (EPS) of Tk 0.17 and net asset value (NAV) per share of Tk 49.23 for 2019-20 FY, against Tk 1.71 and Tk 50.05 respectively for the same period of last fiscal year. 

It also declared the net operating cash flow per share (NOCFPS) of Tk 0.64 against Tk 2.62 in last FY.

Following the corporate declaration, there will be no price limit on the trading of the shares of the company. However, the floor price set by the Bangladesh Securities Exchange Commission (BSEC) will be applicable accordingly.