PGCB approves 20pc cash dividend

Staff Correspondent

17 January, 2021 12:00 AM printer

Power Grid Company of Bangladesh Limited (PGCBL) has approved 20 percent cash dividend for its shareholders for the year ended on June 30, 2020.

The approval of the dividend came at the company’s 24th Annual General Meeting (AGM) through digital platform on Saturday, said a press release.

PGCB Chairman and Prime Minister’s Principal Secretary Dr Ahmad Kaikaus presided over the AGM while PGCB Managing Director Golam Kibria presented the financial statements for the fiscal year 2019-2020.

PGCB Secretary (Additional Charge) Md Jahangir Azad conducted the session.

During the meeting, Dr Ahmad Kaikaus hope that the company would move forward with the trust and love of the shareholders in the coming days.

Golam Kibria informed that the company made a profit after tax of Tk 3.1741 billion in the last financial year.