Bata declares 105pc cash dividend
Bata Shoe Company (Bangladesh) Limited has declared a 105 percent cash dividend for the shareholders for the year 2003.Of the declared dividend, 26.25 percent is final dividend, 52.5 percent first interim and 26.25 percent second interim dividend. This was disclosed at the 32nd annual general meeting of the company held at Dhamrai yesterday, says a press release. Chandu Morzaria, chairman of the company, presided over the meeting. The meeting approved the audited account of the company for the year 2003. The company achieved a net profit of Tk 307.2 million with an increase of Tk 37.1 million over the year 2002. G L Zanacco, managing director and vice-chairman, Rokanuddin Mahmud, director, and M Saiduzzaman, CFO and company secretary, and other senior executives of the company attended the meeting.
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