BSRM Steels makes Tk 327.83 crore profit in 2021-22

BSRM Steels Limited posted a 7.6 per cent higher profit in the last financial year that ended on June 30.

It raked in Tk 327.83 crore in profit in 2021-22, which was Tk 304.52 crore a year earlier.

Thus, the company reported earnings per share of Tk 8.72. It was Tk 8.10 in 2020-21.

The net asset value per share rose to Tk 68.99 from Tk 62.38. But the net operating cash flow per share dropped to Tk 10.62 from Tk 20.87 in 2020-21.

The board of directors of BSRM Steels has recommended a 30 per cent cash dividend for 2021-22.