Prime Finance declares 12.5pc cash dividend

The 19th Annual General Meeting (AGM) of Prime Finance & Investment Limited was held recently at Bashundhara Convention Center, Baridhara, Dhaka. The Financial Statements of the Company for the year ended on 31 December 2014 were placed at the meeting and members appreciated the performance of the Company.

The Board of the Company recommended 12.50 percent cash dividend for the FY 2014, which has been unanimously approved by the Shareholders in the Annual General Meeting. The Annual General Meeting of the Company became lively with the participation of shareholders.

The meeting was presided over by Mr. Md. Aminul Haque, Chairman of the Company. The Company’s total investment was Tk. 15,919.10 million in the FY 2014 as against Tk. 15,078.94 million in the FY 2013. Net profit after tax of the Company stood at Tk. 469.73 million in the FY 2014 as against Tk. 370.68 million in the FY 2013 and Earnings Per Share (EPS) was Tk. 1.59 in the FY 2014 where it was Tk. 1.10 in the FY 2013. Among others, Directors of the Board Mr. Shahriar Khaled, Mr. K. M. Mobarak Hossain, Mr. Waheed Mahmud Khaled, Mr. Mohammad Masudur Rahim, Mr. Tauseef Iqbal Ali, Prof. Parimal Chandra Datta, Ph.D (Independent Director), Mr. Asad Khan, Managing Director and Mr. Syed Moniruzzaman FCS, Company Secretary were also present at the meeting.