GPH Ispat ltd. announced 10% cash and 20% stock bonus for shareholders.

GPH Ispat ltd

GPH Ispat ltd

GPH Ispat ltd. announced 10% cash and  20% stock bonus for shareholders after a meeting of Board of Directors of the Company held on thursday, aug 2. After analyzing audited financial statements of the Company for the year ended on April 30, 2012, The Board of directors have decided this.Trading of the shares of GPH Ispat Ltd started in DSE & CSE from April 19, 2012 under ‘N’ category.

In the third quarter (q3) ended on 31st January 2012 (Nov’11 to Jan’12), the Company has reported profit after tax of Tk. 104.88 million with basic EPS of Tk. 1.50 as against Tk. 39.87 million and restated EPS of Tk. 0.57 respectively for the same period of the previous year. Whereas profit after tax was Tk. 209.52 million with basic EPS of Tk. 2.99 for the period of nine months (May’11 to Jan’12) ended on 31.01.12 as against Tk. 143.04 million and restated EPS of Tk. 2.04 respectively for the same period of the previous year. It is to be noted that EPS has been calculated based on Pre-IPO paid-up shares of the Company.

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