A 10 per cent cash dividend has been declared by Far East Knitting & Dyeing Industries Limited, for its shareholders, for the year ending 30 June 2021, even as the company is all set to approve the declared dividend at its Annual General Meeting (AGM) on 23 December 2021.
According to media reports, the decision in this regard was taken during the company’s — Far East Knitting & Dyeing Industries Limited operates a readymade composite knit industrial unit of international standards, for the knitting, dyeing, designing, manufacturing and marketing of readymade garments, to sell in foreign markets — board meeting held recently.
Far East Knitting & Dyeing Industries Limited — as per their 2021 financial report, Far East Knitting & Dyeing Industries Limited’s net profit was Taka 17.28 crore, which was Taka 7 crore in the previous year — will, reportedly, hold its AGM on 23 December this year to approve the declared dividend, an audited report and other matters.
