S Alam Cold Rolled Steels declares 10pc cash dividend

S Alam Cold Rolled Steels has declared 10 percent cash dividend for the year that ended on June 30, 2019.

The company’s earnings per share and net operating cash flow per share dropped to Tk 1.05 and Tk 0.50 respectively this year from Tk 1.25 and Tk 1.17 in the previous year.

This was due to a decrease in total collection from customers and an increase in advance income tax payment.