BPPL declare 10pc Cash Dividend

Business Desk :
Baraka Patenga Power Limited (BPPL) declared 10 per cent Cash Dividend for its shareholders for the fiscal year 2021-2022.
The declaration came out through its 12th Annual General Meeting (AGM) held on Thursday through virtually.
Gulam Rabbani Chowdhury, Chairman of the company presided over the meeting. Managing Director of the company Monzur Kadir Shafi, directors, and shareholders of the company attends while company secretary Mohammad Rana moderated the AGM.
In his welcome speech the chairman mentioned that the company has been listed in capital market since 2021. The company invested 51% of total shares of each of Baraka Shikalbaha Power Limited and Karnaphuli Power Limited. Apart from this, the company also invested in 51% of total shares in a newly established securities house namely Baraka Securities Limited. In future, Baraka Patenga Power Limited will invest in other profitable projects, he added.
Managing Director of the company Monzur Kadir Shafi has also expressed his sincere gratitude to the board of directors and shareholders for their true cooperation. He indicated that during the financial year of 2021-22 the consolidated profit of Baraka Patenga Power Limited was Taka 21.52crore. EPS of Baraka Patenga Power Ltd was at Tk 1.25 and the net assets value per share stood at Tk. 28.92 as on 30th June 2022.