Craftsman Footwear and Accessories has announced 10 per cent cash dividend for investors at the 5th annual general meeting.
The dividend of the company, listed in the SME sector of the stock market, was applicable for the financial year ending June 30, 2024, said a press release today.
It said the company鈥檚 earnings per share (EPS) stood at Tk聽2.28 by the fiscal year ended on June 30. The Net Asset Value per Share (NAVPS) increased to Tk聽17.09, up from Taka 16.72 in the previous year.
The AGM, took place on Sunday at the Police Convention Hall in city鈥檚 Eskaton Garden Road, was presided over by the company board chairman Rezina Begum.
Expressing gratitude to the Board of Directors and all investors, Rezina Begum said that the company had to face numerous challenges.
Including the Covid-19 pandemic, the Ukraine war, and national and international adversities this year.
鈥楧espite facing market competition, inflation, and supply chain disruptions, we have sustained our performance and strengthened our sustainability. As a result, we are pleased to announce a 10 percent cash dividend for the valued investors,鈥� she said.
She added, 鈥極ur vision is to foster a sustainable and long-term business environment while ensuring financial stability and environmental stewardship. We hope to maintain the trust and confidence of our investors as we continue to grow.鈥�
Craftsman Footwear and Accessories managing director Sadat Hossain Salim said, 鈥楾he dividend announcement reflects our resilience and dedication to our investors despite challenges such as Covid-19, the Ukraine war, and the political changes of 2024.鈥�
鈥榃ith the unwavering support of our investors and stakeholders, we are expanding our market reach,鈥� he added.
Craftsman Footwear and Accessories began operations in 2018 with support from the Bangladesh Investment Development Authority (BIDA). Since then, it has emerged as a trusted name in the footwear industry, committed to quality and sustainability.
The company currently employs over 700 skilled professionals and remains dedicated to enhancing skills and creating employment opportunities for a sustainable future.
