Desh Garments Ltd has received consent from the Bangladesh Securities and Regulatory Commission (BSEC) to issue a 10 per cent stock dividend for the year that ended on June 30.

The garment manufacturer said its board has fixed January 3, 2023, as the record date, according to a filing on the Dhaka Stock Exchange today. 

Bangladesh's first garment manufacturer and exporter made a profit of Tk 3.76 lakh in 2021-22. It was Tk 30.14 lakh a year earlier.