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Grameenphone’s profit declines – Fulcrumy.com

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gp investThe largest mobile operator in the country Grameenphone Profits have declined. According to the Dhaka Stock Exchange (DSE) website, the company, which is listed in the telecommunications sector, has made a profit of Tk 458.34 crore less than the same period last year in the six months from January to June 2013.

DSE ReportingIn the first 6 months of this year, Grameenphone’s post-tax consolidated profit was 510 crore 36 lakh 40 thousand taka. On the other hand, in the same period of 2012, the operator’s after-tax profit was 96 crore 63 lakh 20 thousand taka.

So far this year, GP’s earnings per share or EPS has also declined. Currently according to the information received Grameenphone EPS has come down to Tk 3.8. At this time last year, the company’s earnings per share was 8.18.

According to the unaudited financial report for the half-year period (January 13 to June 13) of June 30, 2013, the company, after non-controlling interest, posted a profit after consolidated tax of ৳ 5,103.64 million and consolidated earnings per share of ৳ 3.8 million during the same period last year. Were ৳ 9.8.32 million and 8.18, respectively; Again, according to the unaudited financial report for the 3 months ending April 30, 2013 (April 13 to June 13), the company, after non-controlling interest, posted a profit after consolidated tax of ৳ 575.14 million and earnings per share of ৳ 0.43 which was at the same time last year. ৳ 4,483.89 million and ৳ 3.31 million, respectively. ”

Today in the news of declining profits GP The share price has been negatively affected. The share price of the company has decreased by Tk 36.60 today.

Today, Thursday 18th July, Grameenphone’s Board of Directors announced 90% interim dividend (Rs. 9 per share) for the company’s shareholders.

The company’s board of directors has declared a cash interim dividend of% 90% (৳ 9.00 per share of ০০ 10.00) for the financial year ended December 31, 2013, which is the company’s half-year provisional net profits for the year ended June 30, 2013 and 31 December 2013. , 2012 will be paid from the retained earnings and general reserve for the year ended. The company also reported net profit after tax for the half year ended June 30, 2013 at ৳ 5,103.64 million, earnings per share of ৳ 3.8, NAV of ৳ 25.04 per share and NOCF of ৳ 11.17 per share. ; Record date for interim dividend: 29.06.2013. ”

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