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GSP Finance Q1 earnings drop by 11%

Staff Correspondent
03 Oct 2022 00:00:00 | Update: 02 Oct 2022 22:49:56
GSP Finance Q1 earnings drop by 11%

GSP Finance Company (Bangladesh) Limited has reported an 11 per cent fall in its earnings per share (EPS) for the un-audited first quarter (January-March) of 2022.

Its EPS was Tk 0.31 for January-March 2022 as against Tk 0.35 for January-March 2021, the company said in a filing with the Dhaka Stock Exchange (DSE) on Sunday.

Its net operating cash flow per share was negative Tk 0.19 on January-March 2022. It was Positive Tk 0.73 during the same period of the previous year.

The net asset value (NAV) of the company per share was Tk 21.66 as on March 31, 2022 and Tk 21.35 as on December 31, 2021.

Out of its total shares, directors hold 35.51 per cent, institutional investors 15.86 per cent and general investors 48.63 per cent.

On Sunday, GSP Finance’s share price remained un-changed at Tk 30.30 on the Dhaka Stock Exchange.

The company made its stock market debut in 2012. Its market capitalisation is Tk 511 crore and paid up capital Tk 168 crore.

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