Olympic raises dividend to 35% despite slight earnings decline

Olympic Industries, the country’s leading biscuits and confectionery manufacturer, reported earnings of Tk199 crore for the financial year ended 30 June 2026, slightly lower than the previous year, according to a price-sensitive disclosure posted on the Dhaka Stock Exchange (DSE) website on Sunday.
The company’s earnings per share (EPS) stood at Tk10, down from Tk10.06 in the previous financial year.
Despite the marginal decline in earnings, Olympic Industries increased its recommended cash dividend by five percentage points to 35%.
The company’s revenue grew by more than 6% year-on-year to Tk2,955 crore in FY26.
As part of its expansion plans, the company will purchase 138 decimals of land in Narayanganj for Tk3.38 crore to develop facilities for future operational expansion. Olympic Industries has been acquiring land in recent years to support its business growth.
Meanwhile, the company’s shares fell 1.47% to Tk141 on the DSE on Sunday.
According to DSE data, sponsors and directors held 37.38% of the company’s shares as of 30 September 2026, with institutional and foreign investors holding the remainder.