EHL shareholders approve 15% cash dividend for 2020 - 2021
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
The Business Standard

Saturday
January 28, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
SATURDAY, JANUARY 28, 2023
EHL shareholders approve 15% cash dividend for 2020 - 2021

Stocks

TBS Report
10 November, 2021, 06:30 pm
Last modified: 10 November, 2021, 06:30 pm

Related News

  • Recession fears pose challenge to energy shares after stellar year
  • Adani rout crosses $51b as stocks plunge by daily limits
  • Stocks, dollar gain on soft landing hopes
  • Coppertech's net profit declines 89% in Q2
  • Stocks slide as corporate results spur recession fears

EHL shareholders approve 15% cash dividend for 2020 - 2021

TBS Report
10 November, 2021, 06:30 pm
Last modified: 10 November, 2021, 06:30 pm
EHL shareholders approve 15% cash dividend for 2020 - 2021

The shareholders of Eastern Housing Limited (EHL) have approved a 15% cash dividend for the financial year 2020 - 2021.

The approval came at the company's 57th Annual General Meeting (AGM) held virtually on Wednesday, said a press release.

Expressing satisfaction over the declaration of 15% cash dividend, the shareholders also approved the accounts for the year ended 30 June 2021, the directors' and auditors' report.

The Company achieved net sales of Tk264 crore while it was Tk253 crore in the previous year. 

The company's net profit after tax stood at Tk37.29 crore for the financial year 2020-2021. 

EHL Chairman Manzurul Islam presided over the AGM.

In his welcome speech, Manzurul Islam said that EHL maintained its profitability in 2020 - 21 because of its strong financial position, despite worldwide economic downtrend due to coronavirus pandemic.

Expressing deep appreciation, the Chairman said, "The shareholders' trust and support to the company's performance over the years helped to gain the current position of the company."

EHL Managing Director Dhiraj Malakar discussed the future business plan of the company with shareholders.

He said, "The Company has commenced construction work of two large projects at Mirpur and Uttara, Chalabon, Dhaka, comprising of 87 and 283 apartments, respectively."

Members of the Board of Directors Suraiya Islam, Abu Luthfe Fazle Rahim Khan, Abdur Rahim Choudhury, Md Abdul Wadud, Mostafizur Rahman, Independent Directors Md Rafiqul Islam, and Kashem Humayun, Company Secretary Salim Ahmed, FCS, Chief Financial Officer Md Asadul Islam FCA, FCS, and shareholders attended the meeting.

EHL / Eastern Housing / Eastern Housing Limited / stocks / shareholders / cash dividend

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • The Bombay blood type: A rare blood group in urgent need of database
    The Bombay blood type: A rare blood group in urgent need of database
  • Photo: TBS
    TBS Roundtable: What lies ahead in 2023
  • Photo: TBS
    BNP's march to 'restore democracy' in Dhaka begins

MOST VIEWED

  • Higher costs, strong dollar slash BBS Cables profit by 92%
    Higher costs, strong dollar slash BBS Cables profit by 92%
  • BBS Cables' Q2 profit plunges as order drops amid high production costs
    BBS Cables' Q2 profit plunges as order drops amid high production costs
  • Coppertech's net profit declines 89% in Q2
    Coppertech's net profit declines 89% in Q2
  • Walton's profit declines by 63.41% in second quarter
    Walton's profit declines by 63.41% in second quarter
  • Represenattional image. Photo: Collected
    BD Lamps to invest Tk3cr for new production line
  • Pinnacle Bicycle to invest $21.96m to set up factory in Ctg
    Pinnacle Bicycle to invest $21.96m to set up factory in Ctg

Related News

  • Recession fears pose challenge to energy shares after stellar year
  • Adani rout crosses $51b as stocks plunge by daily limits
  • Stocks, dollar gain on soft landing hopes
  • Coppertech's net profit declines 89% in Q2
  • Stocks slide as corporate results spur recession fears

Features

Snipe in flight. Photo: Enam Ul Haque

Baikka Beel: 'A world where snipe work late'

1h | Panorama
Photo: Noor-A-Alam

Pet cafes: Where love for food and animals cohabit

1h | Food
Illustration: TBS

How MFS is turbocharging national economy

4h | Thoughts
Now is the time to focus on FDI composition

Now is the time to focus on FDI composition

6h | Panorama

More Videos from TBS

Kajol’s road paintings bring change in Gafargaon

Kajol’s road paintings bring change in Gafargaon

1d | TBS Stories
Carew & Company witnessed a remarkable growth

Carew & Company witnessed a remarkable growth

1d | TBS Stories
Gavi may have to leave Camp Nou

Gavi may have to leave Camp Nou

17h | TBS SPORTS
After all the controversies, how is Shah Rukh Khan's ‘Pathaan’?

After all the controversies, how is Shah Rukh Khan's ‘Pathaan’?

19h | TBS Entertainment

Most Read

1
Picture: Collected
Bangladesh

US Embassy condemns recent incidents of visa fraud

2
Four top bankers arrested in DSA case filed by S Alam group 
Bangladesh

Four top bankers arrested in DSA case filed by S Alam group 

3
Illustration: TBS
Banking

16 banks at risk of capital shortfall if top 3 borrowers default

4
Photo: Collected
Splash

Hansal Mehta responds as Twitter user calls him 'shameless' for making Faraaz

5
A frozen Beyond Burger plant-based patty. Photographer: AKIRA for Bloomberg Businessweek
Bloomberg Special

Fake meat was supposed to save the world. It became just another fad

6
Representational Image
Banking

Cash-strapped Islami, Al-Arafah and National turn to Sonali Bank for costly fund

EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]